Pandora Manufacturing purchased $95,000 of raw materials on account and $5,000 of raw materials for cash. The materials will be used to produce furniture. Provide the journal entry for the purchase of materials
What will be an ideal response
Raw Materials Inventory 100,000
Accounts Payable 95,000
Cash 5,000
Business
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If stock prices move randomly, charting and technical analysis are useful investment tools
Indicate whether the statement is true or false.
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