Question: During October, Beidleman Inc. transferred $60,900 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $65,930. The journal entries
During October, Beidleman Inc. transferred $60,900 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $65,930. The journal entries to record these transactions would include a:
a) credit to Cost of Goods Sold of $65,930
b) credit to Work in Process of $60,900
c) credit to Finished Goods of $60,900
d) debit to Finished Goods of $65,930
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