In making journal entries to assign raw materials costs, a company using process costing: (a) debits Finished

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In making journal entries to assign raw materials costs, a company using process costing:

(a) debits Finished Goods Inventory.

(b) often debits two or more work in process accounts.

(c) generally credits two or more work in process accounts.

(d) credits Finished Goods Inventory.

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Related Book For  book-img-for-question

Financial And Managerial Accounting

ISBN: 9781118004234

1st Edition

Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt

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