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Other Fields Homework Help Accounting Topic started by: Deprecated on Sep 12, 2016



Title: Winnie, Inc. has two processesColoring Department and Mixing Department. The company assigned ...
Post by: Deprecated on Sep 12, 2016
Winnie, Inc. has two processesColoring Department and Mixing Department. The company assigned $390,000 to the 6,000 gallons of paint transferred from Mixing Department to Finished Goods Inventory. The journal entry to record completion of processing is ________.
A) debit Cost of Goods Sold, $390,000; credit Finished Goods Inventory, $390,000
B) debit Finished Goods Inventory, $390,000; credit Work-in-Process InventoryMixing, $390,000
C) debit Finished Goods Inventory, $390,000; credit Cost of Goods Sold, $390,000
D) debit Work-in-Process InventoryMixing, $390,000; credit Finished Goods Inventory, $390,000


Title: Re: Winnie, Inc. has two processesColoring Department and Mixing Department. The company assigned ...
Post by: Mrgo-breed on Sep 12, 2016
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Title: Re: Winnie, Inc. has two processesColoring Department and Mixing Department. The company assigned ...
Post by: Deprecated on Oct 12, 2016
Makes perfect sense, thx