abrus Company produces a product in two departments: (1) Cooking and (2) Finishing. The company uses a process cost accounting system.

Accounting Transactions

No.	Transactions
(A)	Purchased $60,000 of raw materials for half cash and the rest on account.
(B)	Units costing $66,000 were completed in the Cooking Department and were transferred to the Finishing Department.
(C)	Finished goods costing $59,000 were sold on account for $92,000. (Hint: Pay attention to the journal explanation.)

Prepare the journal entries to record the preceding transactions for BNC Company.

• List debit transactions first and then list credit transactions.

General Journals

No.	Account Titles and Explanation	Debit ($)	Credit ($)
(A)	[ Select ] ["Work in Process Inventory-Cooking", "Accounts Payable", "Finished Goods Inventory", "Work in Process Inventory-Cooking", "Raw Materials Inventory"]	[ Select ] ["$66,000", "$92,000", "$59,000", "$60,000", "$30,000"]
	Cash		[ Select ] ["$60,000", "$59,000", "$66,000", "$30,000", "$0"]
	[ Select ] ["Work in Process Inventory-Finishing", "Accounts Payable", "Raw Materials Inventory", "Finished Goods Inventory", "Work in Process Inventory-Cooking"]		[ Select ] ["$0", "$60,000", "$30,000", "$59,000", "$66,000"]
	To record purchase of materials
(B)	[ Select ] ["Finished Goods Inventory", "Work in Process Inventory-Cooking", "Raw Materials Inventory", "Work in Process Inventory-Finishing", "Accounts Payable"]	[ Select ] ["$30,000", "$59,000", "$66,000", "$0", "$60,000"]
	[ Select ] ["Accounts Payable", "Raw Materials Inventory", "Work in Process Inventory-Finishing", "Finished Goods Inventory", "Work in Process Inventory-Cooking"]		[ Select ] ["$0", "$66,000", "$60,000", "$59,000", "$30,000"]
	To record transfer of units to the Finishing Department
(C)	[ Select ] ["Work in Process Inventory-Finishing", "Finished Goods Inventory", "Work in Process Inventory-Cooking", "Cost of Goods Sold", "Sales Revenue", "Accounts Receivable"]	[ Select ] ["$92,000", "$30,000", "$59,000", "$66,000", "$0", "$60,000"]
	[ Select ] ["Work in Process Inventory-Cooking", "Sales Revenue", "Cost of Goods Sold", "Accounts Receivable", "Work in Process Inventory-Finishing", "Finished Goods Inventory"]		[ Select ] ["$59,000", "$66,000", "$0", "$92,000", "$30,000", "$60,000"]
	To record the sale of goods on account
	[ Select ] ["Finished Goods Inventory", "Cost of Goods Sold", "Sales Revenue", "Work in Process Inventory-Finishing", "Accounts Receivable", "Work in Process Inventory-Cooking"]	[ Select ] ["$60,000", "$0", "$30,000", "$59,000", "$92,000", "$66,000"]
	[ Select ] ["Finished Goods Inventory", "Work in Process Inventory-Cooking", "Work in Process Inventory-Finishing", "Accounts Receivable", "Cost of Goods Sold", "Sales Revenue"]		[ Select ] ["$66,000", "$60,000", "$30,000", "$0", "$92,000", "$59,000"]