Which of the Following Is the Correct Journal Entry to Transfer

question 114

Multiple Choice

Which of the following is the correct journal entry to transfer costs out of the Finishing Department, which is the last processing department?

• A) Debit Work in Process Inventory - Finishing Department and credit Finished Goods Inventory
• B) Debit Cost of Goods Sold and credit Finished Goods Inventory
• C) Debit Cost of Goods Sold and credit Work in Process Inventory - Finishing Department
• D) Debit Finished Goods Inventory and credit Work in Process Inventory - Finishing Department

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Definitions:

Individuals

Refers to single human beings, distinct from others in a group.

EMDR

Eye Movement Desensitization and Reprocessing is a psychotherapy treatment designed to alleviate the distress associated with traumatic memories.

Desensitization

A therapeutic technique aimed at reducing a person's emotional response to a stimulus by repeated exposure to it.

Reprocessing

A psychological technique aimed at helping individuals process and integrate traumatic memories or problematic experiences.