Question: During March, Zea Inc. transferred $59,000 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $65,000. The journal entries

During March, Zea Inc. transferred $59,000 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $65,000. The journal entries to record these transactions would include a:

Multiple Choice

credit to Cost of Goods Sold of $65,000.
debit to Finished Goods of $65,000.
credit to Work in Process of $59,000.
credit to Finished Goods of $59,000.

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