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sheila sheila
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2 months ago

Tomlison 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$1,589,000
Cost of goods sold (unadjusted)$1,517,000

The journal entry to record the unadjusted Cost of Goods Sold is:



▸
DebitCredit
Finished Goods1,517,000
Cost of Goods Sold1,517,000


▸
DebitCredit
Cost of Goods Sold1,517,000
Finished Goods1,517,000


▸
DebitCredit
Finished Goods1,589,000
Cost of Goods Sold1,589,000


▸
DebitCredit
Cost of Goods Sold1,589,000
Finished Goods1,589,000
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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toastercattoastercat
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More solutions for this book are available here
DebitCredit
Cost of Goods Sold1,517,000
Finished Goods1,517,000
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