Which of the following is included in the entries to record the sale of a job costing $5,000 to produce?   Question 7 options:   Finished Goods Inventory 5,000   Work in Process Inventory 5,000   Cost of Goods Sold 5,000     Work in Process Inventory 5,000   Work in Process Inventory 5,000     Finished Goods Inventory 5,000   *Cost of Goods Sold 5,000     Finished Goods Inventory 5,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Which of the following is included in the entries to record the sale of a job costing $5,000 to produce?




 

Question 7 options:

 

Finished Goods Inventory 5,000
  Work in Process Inventory 5,000

 

Cost of Goods Sold 5,000
    Work in Process Inventory 5,000

 

Work in Process Inventory 5,000
    Finished Goods Inventory 5,000

 

*Cost of Goods Sold 5,000
    Finished Goods Inventory 5,000

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