Selto Maufacturing recently sold goods that cost $35,000 for $45,000 cash. The j

Question

Selto Maufacturing recently sold goods that cost $35,000 for $45,000 cash.  The journal entries to record this transaction would include? a credit to work-in-process inventory for $35,000 a debit to sales revenue for $45,000 a credit to profit on sale for $10,000 a debit to finished-goods inventory for $35,000 a credit to sales revenue for $45,000 Selto Maufacturing recently sold goods that cost $35,000 for $45,000 cash.  The journal entries to record this transaction would include? a credit to work-in-process inventory for $35,000 a debit to sales revenue for $45,000 a credit to profit on sale for $10,000 a debit to finished-goods inventory for $35,000 a credit to sales revenue for $45,000 a credit to work-in-process inventory for $35,000 a debit to sales revenue for $45,000 a credit to profit on sale for $10,000 a debit to finished-goods inventory for $35,000 a credit to sales revenue for $45,000

Explanation / Answer

a debit to finished-goods inventory for $35,000

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