Multiple Choice
In both job and process costing, the journal entry to record cost of goods sold is.
A) debit finished goods inventory and credit cost of goods sold.
B) debit finished goods inventory and credit work in process.
C) debit cost of goods sold and credit work in process.
D) debit cost of goods sold and credit finished goods inventory.
Correct Answer:
Verified
Correct Answer:
Verified
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