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Helen Company Uses a Job-Order Costing System and Has the Following

Question 4

Multiple Choice

Helen Company uses a job-order costing system and has the following data available: Helen Company uses a job-order costing system and has the following data available: The journal entry to record the cost of goods completed would include a ________. A) credit to Finished Goods Inventory for $292,000 B) credit to Cost of Goods Sold for $256,000 C) debit to Work-in-process Inventory for $256,000 D) credit to Work-in-process Inventory for $292,000 The journal entry to record the cost of goods completed would include a ________.


A) credit to Finished Goods Inventory for $292,000
B) credit to Cost of Goods Sold for $256,000
C) debit to Work-in-process Inventory for $256,000
D) credit to Work-in-process Inventory for $292,000

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