Assume that, during 2014, Company A purchased an additional $38.3 million in raw materials inventory for cash

Anonymous
timer Asked: Oct 17th, 2016
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Question Description

1) Assume that, during 2014, Company A purchased an additional $38.3 million in raw materials inventory for cash. Write the journal entry necessary to record this transaction.

2) Assume that interest of $49.7 million was due and paid for by Company B during 2014. Write the journal entry necessary to record these transactions.

Tutor Answer

Manal25
School: UC Berkeley

Hello,Please find the so...

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Review

Anonymous
Good stuff. Would use again.

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