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The Luna Manufacturing Company made the following transactions. Prepare the following journal entry (round to the nearest whole dollar): Additional Information: The Finished Goods beginning
The Luna Manufacturing Company made the following transactions.
| Prepare the following journal entry (round to the nearest whole dollar): | ||||
| Additional Information: The Finished Goods beginning balance is $8,500. | ||||
| 85% of Finished Goods are transferred to the Cost of Goods Sold. | ||||
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Auditing And Assurance Services
Authors: Alvin A. Arens . Randal J. Elder . Mark S. Beasley
18th Global Edition
1292448989, 978-1292448985
