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Brussels Products Began Its Belgian Operations on January 1

Question 14

Multiple Choice

Brussels Products began its Belgian operations on January 1.The following is the journal entry for the issuance, to producing departments of raw materials costing €20,000:


A) Work-in-Process Inventory. . . . . .. . . . . . 20,000
Cash . . . . . . . . . . . . . . . . . . . . 20,000

B) Work-in-Process Inventory. . . . . . . . . . . 20,000
Finished Goods Inventory . . . . . . .. . . . 20,000

C) Finished Goods Inventory. . . . . . . . . . . . 20,000
Raw Materials Inventory . . . . . . . . .. . .20,000

D) Work-in-Process Inventory. . . . . . . . . . 20,000
Raw Materials Inventory . . . . . . . . . . 20,000

E) Raw Materials Inventory. . . . . . . . . . . 20,000
Work-in-Process Inventory . . . . . . . 20,000

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