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Question 151

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Use the information below to answer the following question(s) .
Here is selected data for Jenquay Corporation:
Use the information below to answer the following question(s) . Here is selected data for Jenquay Corporation: -At Jenquay 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 $248,900. B) credit to Work in Process Inventory for $268,500. C) debit to Finished Goods Inventory for $248,900. D) debit to Finished Goods Inventory for $268,500.
-At Jenquay 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 $248,900.
B) credit to Work in Process Inventory for $268,500.
C) debit to Finished Goods Inventory for $248,900.
D) debit to Finished Goods Inventory for $268,500.

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