Prepare journal entries to record the following production activities. 1. Transferred completed products with a cost of

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Prepare journal entries to record the following production activities.
1. Transferred completed products with a cost of $ 135,600 to finished goods inventory.
2. Sold $ 315,000 of products on credit. Their cost is $ 175,000.

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Fundamental accounting principle

ISBN: 978-0078025587

21st edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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