In a process costing system, the purchase of raw materials is debited to the Raw Materials Inventory.

Name: In a process costing system, the purchase of raw materials is debited to the Raw Materials Inventory.
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In a process costing system, the purchase of raw materials is initially debited to the Raw Materials Inventory account. This account is then used to track the cost of the raw materials throughout the production process until they are used up or turned into finished goods.

In a Process Costing System, the Purchase of Raw Materials