In a Job Order Costing System,a Credit to Finished Goods

question 73

Multiple Choice

In a job order costing system,a credit to Finished Goods Inventory will be accompanied by a debit to ________.

• A) Cost of Goods Sold
• B) Work-in-Process Inventory
• C) Sales Revenue
• D) Accounts Receivable

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Definitions:

Ribosomes

Cellular organelles that function as the site of protein synthesis, reading mRNA and assembling amino acids into proteins.

Golgi Apparatus

A cell organelle involved in modifying, sorting, and packaging proteins and lipids for secretion or use within the cell.

Vacuole

Membrane-bound sac, larger than a vesicle; usually functions in storage and can contain a variety of substances. In plants, the central vacuole fills much of the interior of the cell.

Plant Cells

The basic structural and functional units of plants, distinguished by their cell wall, chloroplasts, and central vacuole.