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The journal entry to record the transfer of 1,220 units of part number 1177 with a value of $1.20 each, to work in process is
The journal entry to record the transfer of 1,220 units of part number 1177 with a value of $1.20 each, to work in process is
a.
| Account | Debit | Credit |
|---|---|---|
| Materials | 1,464 | |
| Work in Process | 1,464 |
b.
| Account | Debit | Credit |
|---|---|---|
| Work in Process | 1,464 | |
| Cash | 1,464 |
c.
| Account | Debit | Credit |
|---|---|---|
| Work in Process | 1,464 | |
| Materials | 1,464 |
d.
| Account | Debit | Credit |
|---|---|---|
| Work in Process | 1,464 | |
| Factory Overhead | 1,464 |
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Business Accounting Uk Gaap Volume 2
Authors: Alan Sangster, Frank Wood
1st Edition
0273718800, 9780273718802
