Q. The journal entry that assigns raw materials costs in a process costing system includes (Solved)
1. Debit to raw materials
2. Credit to raw materials
3. Debit to Accounts Payable
4. Credit to Work in Process
- b. Credit to raw materials
1. Debit to raw materials
2. Credit to raw materials
3. Debit to Accounts Payable
4. Credit to Work in Process