When a Unit of Product Is Completed, the Correct Accounting

Multiple Choice

When a unit of product is completed, the correct accounting entry to record this is to

A) debit Work In Process (WIP) Inventory and credit Finished Goods (FG) Inventory
B) debit Finished Goods (FG) Inventory and credit Work In Process (WIP) Inventory
C) debit Work In Process (WIP) Inventory and credit Raw Materials Inventory
D) debit Finished Goods (FG) Inventory and credit Raw Materials Inventory