When goods are completed,a debit is made to Work in Process Inventory and a credit is made to Finished Goods Inventory.When a job is completed,its total manufacturing cost is transferred out of Work in Process Inventory with a credit,and into Finished Goods Inventory with a debit.

Question

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When goods are completed, a credit is made to Work in Process Inventory and a debit is made to Finished Goods Inventory, not the other way around.

When Goods Are Completed,a Debit Is Made to Work in Process