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Refer to the T - account below: The Journal Entry to record Item ( 1 2 ) would be: a . FG debit; WIP credit
Refer to the Taccount below:
The Journal Entry to record Item would be:
a FG debit; WIP credit
b WIP debit; FG credit
c WIP debit; COGS credit
d FG debit; COGM credit
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