Multiple Choice
When a product has completed the manufacturing process what is the journal entry to record the transfer of its cost?
A) debit to Cost of Goods Sold credit Work-in-Process
B) debit to Finished Goods credit of Work-in-Process
C) debit to Cost of Good Sold credit to Finished Goods Inventory
D) debit to Work-in-Process Inventory credit to Finished Good Inventory
Correct Answer:
Verified
Correct Answer:
Verified
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