Here Is Selected Data for Lori Corporation: the Journal

question 217

Multiple Choice

Here is selected data for Lori Corporation: The journal entry to transfer completed goods to the finished goods inventory account would include a

• A)debit to work in process inventory for $233,500.
• B)debit to finished goods inventory for $237,500.
• C)credit to work in process inventory for $237,500.
• D)debit to finished goods for $233,500.

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Definitions:

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