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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

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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. 2. Sold $448,000 of goods on credit. Their cost is $166,000. View transaction list 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 ht ences Journal entry worksheet < A B C Record the sale of goods on credit. Note: Enter debits before credits. Transaction 2-a. General Journal Debit Credit Record entry Clear entry View general journal > nces Journal entry worksheet < A B Record the cost of goods sold. Note: Enter debits before credits. Transaction 2-b. General Journal Debit Credit Record entry Clear entry View general journal

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