Find what are the total credits entered in raw materials

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Reference no: EM132714376

Problem 1: At the beginning of December, the corporation had $32,000 of raw materials on hand. During the month, the corp. purchased an additional $71,000 of raw materials. During the month, $75,000 of raw materials were requisitioned from the storeroom for use in production. What are the total credits entered in the Raw Materials account during December?

Reference no: EM132714376

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