During March, Zea Incorporated transferred $61,000 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $67,000. The journal entries to record these transactions would include a:

Multiple Choice

• debit to Finished Goods of $67,000.

• credit to Work in Process of $61,000.

• credit to Finished Goods of $61,000.

• credit to Cost of Goods Sold of $67,000.