Prepare journal entries to record the following production activities. 1. Transferred completed goods from the Assembly department to finished goods Inventory. The goods cost $123,000. 2. Sold $455,000 of goods on credit. Their cost is $167,000. View transaction let Journal entry worksheet < A B C Record the transfer of goods from the assembly department to finished goods. Note: Enter debits before credits. Transaction 1. General Journal Debit Credit Record entry Clear entry View general journal