When a Job Is Completed but Not Sold, the Accounts

question 151

Multiple Choice

When a job is completed but not sold, the accounts affected are

• A) Raw Materials and Work-in-Process.
• B) Work-in-Process and Finished Goods.
• C) Work-in-Process and Cost of Goods Sold.
• D) Finished Goods and Cost of Goods Sold.
• E) Finished Goods and Overhead Control.