Multiple Choice
Use the information below to answer the following question(s) .
Here is selected data for Lorelei Corporation:
-At Lorelei 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 $226,750.
B) debit to Finished Goods Inventory for $227,875.
C) credit to Work in Process Inventory for $227,875.
D) debit to Finished Goods Inventory for $226,750.
Correct Answer:

Verified
Correct Answer:
Verified
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