The journal entry needed to record the completion of a job includes a

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When a job is completed, the finished goods are transferred from the Work-in-Process Inventory account to the Finished Goods Inventory account. Thus, the journal entry should include a debit to Finished Goods Inventory account. The Cost of Goods Sold account will be debited when the goods are sold. Raw Materials Inventory account will be debited when the raw materials are purchased, and Work-in-Process Inventory account will be debited when the production process starts.

The Journal Entry Needed to Record the Completion of a Job