What is the journal entry to record the cost of goods sold using a job order cost accounting system? The job was listed as finished goods but has now been sold. Group of answer choices debit finished goods, credit cost of goods sold debit finished goods, credit work in process debit cost of goods sold, credit finished goods debit work in process, credit cost of goods sold
What is the journal entry to record the cost of goods sold using a job order cost accounting system? The job was listed as finished goods but has now been sold. Group of answer choices debit finished goods, credit cost of goods sold debit finished goods, credit work in process debit cost of goods sold, credit finished goods debit work in process, credit cost of goods sold
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 12MC: In a job order cost system, raw materials purchased are debited to which account? A. raw materials...
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What is the journal entry to record the cost of goods sold using a job order cost accounting system? The job was listed as finished goods but has now been sold.
Group of answer choices
debit finished goods, credit cost of goods sold
debit finished goods, credit work in process
debit cost of goods sold, credit finished goods
debit work in process, credit cost of goods sold
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