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Exercise 20-24 Recording Prepare journal entries to record the following production activities. 1. Transferred completed goods from the Assembly department to finished goods inventory. The

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Exercise 20-24 Recording Prepare journal entries to record the following production activities. 1. Transferred completed goods from the Assembly department to finished goods inventory. The goods cost $134,000. 2. Sold $442,000 of goods on credit. Their cost is $172,000. View transaction list Journal entry worksheet Record the transfer of goods from the assembly department to finished goods. Note Enter debits before credits Transaction General Journal Debit Credit

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