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The Entry to Record Cost of Selling a Particular Job

Question 127

Multiple Choice

The entry to record cost of selling a particular job in a job-order costing system would include a:


A) Debit to finished goods inventoryFinished Goods Inventory and a credit to cost of goods soldCost of Goods Sold.
B) Debit to cost of goods soldCost of Goods Sold and a credit to finished goods inventoryFinished Goods Inventory.
C) Debit to cost of goods soldCost of Goods Sold and a credit to Wwork in Pprocess Inventory.
Capitalize account name
Done.JMF
D) Credit to Wwork in Pprocess Inventory and a debit to finished goodsFinished Goods Inventory.
Capitalize account
Done.JMF
Capitalize account name
Done.JMF
Capitalize account
Done.JMF

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