The Following Journal Entry Would Be Made in a Process

question 56

True/False

The following journal entry would be made in a process costing system when units that have been completed with respect to the work done in the final processing department are transferred to the finished goods warehouse:
$$\begin{array} { | l | l | l | } \hline \text { Finished good } & \mathbf { X X X } & \\\hline \text { Work in process } & & \mathbf { X X X } \\\hline\end{array}$$

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