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Under which of the following situations is Finished Goods Inventory debited and Work-in-Process Inventory account credited? A.Purchase of goods on account B.Transfer goods out of
Under which of the following situations is Finished Goods Inventory debited and Work-in-Process Inventory account credited?
A.Purchase of goods on account
B.Transfer goods out of the factory
C.Transfer of material to Work-in-Process Inventory account
D.Transfer of goods to the finished goods storeroom
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