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Which of the Following Journal Entry Components Is Not Applicable

Question 24

Multiple Choice

Which of the following journal entry components is not applicable to recording the cost of completed products using just-in-time accounting?


A) A debit to the finished goods inventory account.
B) A credit to the conversion costs account.
C) A credit to the raw and in-process inventory account.
D) A debit to the manufacturing overhead account.

Correct Answer:

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