During october beidleman inc transferred 69200 from work in


During October, Beidleman Inc. transferred $69,200 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $74,550. The journal entries to record these transactions would include a:

  • debit to Finished Goods of $74,550
  • credit to Cost of Goods Sold of $74,550
  • credit to Work in Process of $69,200
  • credit to Finished Goods of $69,200

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Accounting Basics: During october beidleman inc transferred 69200 from work in
Reference No:- TGS02608291

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