What is the journal entry to record the purchase of materials on account?

Answer is

>>Raw mterials inventory a/c Dr

       To accounts payable

Hi

Answer is option - A

Regards,

Naveen

A) is the correct answer.

D is close, but can't be right, as its materials on account, not materials on COD basis.

A. Raw Material (debit)

    Accounts Payable (credit)

 A. Raw materials inventory $XX

         Accounts payable $XX

a .>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>...

A AND B are the correct options

purchase dr

account payable cr

All Accounts, Payable - Receivable, Banks , box, Salaries , Petty Cash Clearance, Trading, Contracting, Payroll Salaary, training of NCB for Salaries, Journal , Trail Sheet Correction, Balance Sheet , Purchser, Sales .

account payable

account receivable