During October, Watson Inc. transferred $52,000 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $55,000. The journal entries to record these transactions would include a:

Hint: write out both of the journal entries and choose the correct answer

Group of choices..

credit to Finished Goods of $52,000

credit to Work in Process of $52,000

credit to Cost of Goods Sold of $55,000

debit to Finished Goods of $55,000