Question: When goods are transferred from the WorkinProcess Inventory account to the Finished Goods Inventory account: a. total assets of the company remain constant. b. total

When goods are transferred from the WorkinProcess Inventory account to the Finished Goods Inventory account:

a. total assets of the company remain constant. b. total liabilities increases and total equity decreases by the same amount. c. total assets and total liabilities increase by the same amount. d. total equity and total assets increase with the same amount

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