When a job is completed, the journal entry involves a:
A) debit to Work-in-Process Inventory account and a credit to the Finished Goods Inventory account.
B) debit to Cost of Goods Sold and a credit to the Finished Goods Inventory account.
C) debit to Finished Goods Inventory account and a credit to Work-in-Process Inventory account.
D) debit to Finished Goods and a credit to Cost of Goods Sold.
Correct Answer:
Verified
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