The Journal Entry to Record the Completion of Goods Includes

question 91

Multiple Choice

The journal entry to record the completion of goods includes

• A)a credit to Conversion Costs.
• B)a credit to Work in Process Inventory.
• C)a credit to Finished Goods Inventory.
• D)a credit to Cost of Goods SolD.When goods are completed,their cost is debited to Finished Goods Inventory and credited to Work in Process Inventory.