question archive company purchased $44,000 of direct materials from Pepe's company
company purchased $44,000 of direct materials from Pepe's company
Subject:AccountingPrice: Bought3
company purchased $44,000 of direct materials from Pepe's company. $3,000 of transportation cost was FOB shipping point. What is the effect on the journal entries? O A. Total debits to the inventory account would be $44,000. O B. Total debits to the inventory account would be $47,000. O C. Transportation-in would be expensed for $3,000. O P. Total debits to the inventory account would be $41,000.
