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QUESTION 43 On June 30,Greenvill, Inc finshed Job 70 with totaljob costs of $40,000 and transferred the costs to F Job 70 with tola job

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QUESTION 43 On June 30,Greenvill, Inc finshed Job 70 with totaljob costs of $40,000 and transferred the costs to F Job 70 with tola job costs of s40.00 and transs to Finished Coods Iinventory On July 6, Greenvi completed the sale of the goods to a customer for $55, OA Debit Finished Goods Inventory 40,000 000 on account. Which is the correct journal entry to record the cost of goods sold? Credit Cost of Goods Sold 40,000 B. Debit Cost of Goods Sold 55,000 Credit Finished Goods Inventory 55,000 C Debit Cost of Goods Sold 40,000 Credit Finished Goods Inventory 40,000 D none of the above

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