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:

Freudian Slip

An unintentional error in speech or action that is interpreted as revealing subconscious thoughts or desires.

Conscious

The state of being aware of and able to think about one's own existence, sensations, thoughts, surroundings, etc.

Ego

In psychoanalytic theory, the part of the personality that mediates between the conscious and unconscious and is responsible for reality testing and a sense of personal identity.

Id

A component of the psychoanalytic theory representing the instinctual drives and unconscious desires.