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During February, Degan Inc. transferred $60,000 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $65,000. The journal entries
During February, Degan Inc. transferred $60,000 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $65,000. The journal entries to record these transactions would include a: A) debit to finished goods of 65000 B)credit to cost of goods sold of 65000 C)credit to work in process of 60000 D)credit to finished goods of 60000
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