The Journal Entry Needed to Record the Completion of a Job

question 87

Multiple Choice

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

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

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Definitions:

Water Meter

A device used to measure the volume of water usage in residential, commercial, or any other building for the purpose of billing and monitoring.

CCF

Stands for hundred cubic feet and is a unit of measurement often used for billing natural gas or water usage.

Piecewise Function

A mathematical function defined by multiple sub-functions, each applying to a certain interval of the main function's domain.

Internet Service

A service that provides access to the Internet, including broadband, DSL, fiber-optic, and satellite connections.