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Entry (16) in the below T-account represents the cost of goods manufactured transferred to Finished Goods from Work in Process 520,000 Bal. (15) Bal. Finished

Entry (16) in the below T-account represents the cost of goods manufactured transferred to Finished Goods from Work in Process 520,000 Bal. (15) Bal. Finished Goods 40,000 (16) 540,000 60,000 True or False True False

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