Question $19$

When raw materials are used to create a final product, that product becomes a finished good. When that good is sold, the journal entry includes $\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$ and $\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_.$

Select all that apply.

Status: $[$object Object$]$

$1$ point

Credit to cost of goods sold, Debit of inventory $($finished goods$)$

Debit to cost of goods sold, Credit to inventory $($finished goods$)$

Credit to cash$/$accounts receivable, Debit to sales income

Debit to cash$/$accounts receivable, Credit to sales income