The Journal Entry Needed to Record the Completion of a Job

question 303

Multiple Choice

The journal entry needed to record the completion of a job includes a

• A)credit to Work-in-Process Inventory account.
• B)credit to Finished Goods Inventory account.
• C)debit to Work-in-Process Inventory account.
• D)debit to Cost of Goods Sold account.

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Definitions:

Sociology

the study of society, social institutions, and social relationships, focusing on understanding human behavior within social contexts.

Federal Regulators

Government agencies responsible for creating and enforcing rules and standards within certain industries or sectors.

Task Environment

The part of the environment that is directly relevant to the organization.

External

External refers to something outside or not within the internal or personal scope of an individual or organization.