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When a job is sold in a job costing system, the journal involves a credit to: FG inventory and a debit to WIP inventory for
When a job is sold in a job costing system, the journal involves a credit to: FG inventory and a debit to WIP inventory for the sales price of the job. FG inventory and a debit to WIP inventory for the cost of the job. FG Inventory and a debit to Cost of Goods Sold for the cost of the job. FG Inventory and a debit to Cost of Goods Sold for the sales price of the job
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