In a job-order costing system, Work in Process is debited and Finished Goods is credited when a job is sold.

Name: In a job-order costing system, Work in Process is debited and Finished Goods is credited when a job is sold.
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In a job-order costing system, Work in Process is debited when materials are purchased and labor costs are incurred, and is credited when the job is completed. When the job is sold, Cost of Goods Sold is debited and Finished Goods is credited.

In a Job-Order Costing System, Work in Process Is Debited