Masterson inc which uses a process-cost accounting system


Masterson, Inc., which uses a process-cost accounting system, passes completed production from Department A to Department B for further manufacturing. The journal entry to record completed production in Department A requires:

Select one:

a. a debit to Work-in-Process Inventory and a credit to Finished-Goods Inventory

b. a debit to Finished-Goods Inventory and a credit to Work-in-Process Inventory

c. a debit to Finished-Goods Inventory and a credit to Work-in-Process Inventory: Department A

d. a debit to Work-in-Process Inventory: Department A and a credit to Work-in-Process Inventory: Department B

e. a debit to Work-in-Process Inventory: Department B and a credit to Work-in-Process Inventory: Department A.

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Financial Accounting: Masterson inc which uses a process-cost accounting system
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