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Question Content Area The entries to record cost and sale of a finished good...

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Question

Accounting

Question Content Area

The entries to record cost and sale of a finished good on account is

a. debit Cost of Goods Sold, credit Finished Goods

b. debit Cost of Goods Sold, credit Finished Goods, debit Accounts Receivable, credit Sales

c. debit Work in Process, credit Finished Goods, debit Accounts Receivable, credit Sales

d. debit Sales Expense, credit Finished Goods, credit Cash, credit Accounts Receivable

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