Chapter 17: 24E-g (page 945)
Question: Journalize the following transactions for Marge’s Sofas. Explanations are not required.
g. Completed production on jobs with costs of $40,000
Short Answer
Date | Particulars | Debit ($) | Credit ($) |
Finished goods inventory | 40,000 | ||
Work in process inventory | 40,000 |