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Prepare journal entries to record the following production activities. 1. Transferred completed goods from the Assembly department to finished goods inventory. The goods cost $143,000.
Prepare journal entries to record the following production activities. 1. Transferred completed goods from the Assembly department to finished goods inventory. The goods cost $143,000. 2. Sold $452,000 of goods on credit. Their cost is $160,000. View transaction list Journal entry worksheet 1 N 3 3 Record the transfer of goods from the assembly department to finished goods. Note: Enter debits before credits. General Journal Debit Credit Transaction 1. Journal entry worksheet Record the sale of goods on credit. Note: Enter debits before credits. General Journal Debit Credit Transaction 2-a. Journal entry worksheet
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