Morewell Inc

question 92

Multiple Choice

Morewell Inc.has two processes-Coloring Department and Mixing Department.The company assigned $385,000 to the 5,500 gallons of paint transferred from Mixing Department to Finished Goods Inventory.The journal entry to record completion of processing is ________.

• A)debit Work-in-Process Inventory-Mixing,$385,000; credit Finished Goods Inventory,$385,000
• B)debit Finished Goods Inventory,$385,000; credit Cost of Goods Sold,$385,000
• C)debit Cost of Goods Sold,$385,000; credit Finished Goods Inventory,$385,000
• D)debit Finished Goods Inventory,$385,000; credit Work-in-Process Inventory-Mixing,$385,000

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Definitions:

Main Clause

A clause in a sentence that can stand alone as a complete thought because it contains both a subject and a predicate.

Sentence Structure

The arrangement of words, phrases, and clauses in a sentence to convey meaning and intention effectively.

Complex Sentences

Sentences that contain one independent clause and at least one dependent clause, expressing more nuanced ideas.

Subordinate Clauses

Clauses that cannot stand alone as complete sentences and are dependent on a main clause to convey a complete thought.