FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Hotwax completed products costing $320,000 and transferred them to finished goods. Prepare its journal entry to record the transfer
of units from Shaping to finished goods inventory.
View transaction list
Journal entry worksheet
1
Record the transfer of work from shaping to finished goods.
Note: Enter debits before credits.
Transaction
1
Record entry
General Journal
Clear entry
Debit
Credit
View general journal
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Transcribed Image Text:Hotwax completed products costing $320,000 and transferred them to finished goods. Prepare its journal entry to record the transfer of units from Shaping to finished goods inventory. View transaction list Journal entry worksheet 1 Record the transfer of work from shaping to finished goods. Note: Enter debits before credits. Transaction 1 Record entry General Journal Clear entry Debit Credit View general journal
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