Accounting entries laboratory purchase of a batch of chemical reagents how to do the entries ah

Borrow: Purchase of materials

Taxes payable - input tax

Credit: Accounts payable or bank deposit

Inventory:

Borrow: Raw materials

Loan: Purchase of materials

Research and development department wants to receive the reagents:

Borrow: Administrative expenses-R&D expenses

Credit: Raw materials

Taxes payable-input transfer