Question: During March, Zea Inc. transferred $52,000 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $58,000. The journal entries

During March, Zea Inc. transferred $52,000 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $58,000. The journal entries to record these transactions would include a: Multiple Choice debit to Finished Goods of $58,000. credit to Finished Goods of $52,000. O O credit to Work in Process of $52,000. credit to Cost of Goods Sold of $58,000. O
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
