QS 20-26 Recording transfer of costs to finished goods LO P4 Hotwax completed products costing $385,000 and transferred them to finished goods. Prepare its journal entry to record the transfer of units from production to finished goods inventory. View transaction list Journal entry worksheet 1 Record the transfer of work from production to finished goods. Note: Enter debits before credits Transaction General Journal Debit Credit 1 Record entry Clear entry View general Journal