Knowledge Check 01 The journal entry to transfer completed products from production to finished goods inventory includes which two of the following? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Debit to Finished Goods Inventory 2 Credit to Work in Process Inventory Credit to Finished Goods Inventory ? Debit to Work in Process Inventory 2 Debit to Raw Materials Inventory ? Credit to Raw Materials Inventory Knowledge Check 01 The journal entry to record the use of utilities in a factory could include which two of the following: (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) 2 Debit to Factory Overhead 2 Credit to Factory Overhead 2 Debit to Factory Utilities Payable 7 Credit to Factory Utilities Payable ? Credit to Raw Materials Credit to Factory Wages Payable