Top Posters
Since Sunday
17
7
6
6
s
5
t
5
s
5
9
5
g
5
h
5
l
5
o
5
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
sarasmith06 sarasmith06
wrote...
Go to Answer
Posts: 59
Rep: 0 0
2 months ago

Ruddick Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just completed year:

Cost of goods manufactured$1,486,000
Cost of goods sold (unadjusted)$1,337,000

The journal entry to record the transfer of completed goods from Work in Process to Finished Goods is:



▸
DebitCredit
Finished Goods1,337,000
Work in Process1,337,000


▸
DebitCredit
Finished Goods1,486,000
Work in Process1,486,000


▸
DebitCredit
Work in Process1,337,000
Finished Goods1,337,000


▸
DebitCredit
Work in Process1,486,000
Finished Goods1,486,000
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
Read 29 times
1 Reply
Replies
Answer verified by a subject expert
lampardlampard
wrote...
#1
Posts: 72
Rep: 1 0
2 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
DebitCredit
Finished Goods1,486,000
Work in Process1,486,000
1

Related Topics

sarasmith06 Author
wrote...

2 months ago
Thank you, thank you, thank you!
julymontalvo
wrote...

Yesterday
Good timing, thanks!
hannahspillett
wrote...

2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  287 People Browsing
 243 Signed Up Today
Start New Topic Take the Tour Study Tips Study ToolsNew Topics Trending Browse by Textbook
Related Images
  
 426
  
 316
  
 168
Your Opinion
Where do you get your textbooks?
Votes: 215
Previous poll results: Should Ph.D.'s be addressed as doctors?