The entry to record a sale with the removal of the cost of the finished good involves a
A) debit to Finished Goods Inventory and credit to Raw Materials Inventory.
B) debit to Finished Goods Inventory and a credit to Cost of Goods Sold.
C) debit to Cost of Goods Sold and a credit to Finished Goods Inventory.
D) debit to Finished Goods Inventory and a credit to Work-in-Process Inventory.
Correct Answer:
Verified
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