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Refer to Figure 4-2

Question 3

Multiple Choice

Refer to Figure 4-2. The journal entry to record goods completed and transferred out of the Assembly Department would include a


A) debit to Finished Goods Inventory for £120,000.
B) credit to Materials Inventory for £120,000.
C) debit to Work in Progress-Assembly Department for £120,000.
D) debit to Work in Progress-Finishing Department for £120,000.

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