Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations and sales activities for June. The journal entry to record June sales is:

Direct materials used	$	66,000
Direct labor used	$	121,400
Predetermined overhead rate (based on direct labor)		160	%
Goods transferred to finished goods	$	441,000
Cost of goods sold	$	453,000
Credit sales	$	826,200

Multiple Choice

a. Debit Accounts Receivable $826,200; credit Cost of Goods Sold $826,200.

b. Debit Accounts Receivable $826,200; credit Sales $373,200; credit Finished Goods Inventory $453,000.

c. Debit Cost of Goods Sold $453,000; credit Sales $453,000.

d. Debit Finished Goods Inventory $453,000; debit Sales $826,200; credit Accounts Receivable $826,200; credit Cost of Goods Sold $453,000.

e. Debit Accounts Receivable $826,200; credit Sales $826,200; debit Cost of Goods Sold $453,000; credit Finished Goods Inventory $453,000.