A company's job cost sheet for Job 1 shows that the total cost of the job was $21,000. The journal entry to record the completion of the job consists of a debit to Raw Materials Inventory for $21,000 and a credit to Finished Goods Inventory for $21,000.
a. True
b. False

Question

02-07-2024
Business

Answered

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A company's job cost sheet for Job 1 shows that the total cost of the job was $21,000. The journal entry to record the completion of the job consists of a debit to Raw Materials Inventory for $21,000 and a credit to Finished Goods Inventory for $21,000.
a. True
b. False

Sagot :

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A company's job cost sheet for Job 1 shows that the total cost of the job was $21,000. The journal entry to record the completion of the job consists of a debit to Raw Materials Inventory for $21,000 and a credit to Finished Goods Inventory for $21,000. a. Trueb. False

Sagot :

Other Questions

A company's job cost sheet for Job 1 shows that the total cost of the job was $21,000. The journal entry to record the completion of the job consists of a debit to Raw Materials Inventory for $21,000 and a credit to Finished Goods Inventory for $21,000.
a. True
b. False