Here Is Selected Data for Lori Corporation: the Journal

Multiple Choice

Here is selected data for Lori Corporation: The journal entry to transfer completed goods to the finished goods inventory account would include a

A) debit to work in process inventory for $233,500.
B) debit to finished goods inventory for $237,500.
C) credit to work in process inventory for $237,500.
D) debit to finished goods for $233,500.