On June 30, Coraline Company Finished Job Number 750, with Total

On June 30, Coraline Company finished job number 750, with total job costs of $4,600, and transferred the costs to Finished goods. On July 6, they completed the sale of the goods to a customer for $5,100 cash. In order to record the sale, two entries are necessary, one to record revenue, and one to record cost of goods sold. Which of the following is the correct entry needed to record the cost of goods sold?

A) Debit Finished goods inventory $4,600, credit Cost of goods sold $4,600
B) Debit Cost of goods sold $4,600, credit Work in process inventory $4,600
C) Debit Work in process inventory $4,600, credit Cost of goods sold $4,600
D) Debit Cost of goods sold $4,600, credit Finished goods inventory $4,600