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<p>(a) (DR) finished goods …….. (CR) WIP</p> <p>(b) (DR) Cost of goods ……... (CR) finished goods</p> <p>(c) (DR) WIP …..….….. (CR) FOH control</p> <p>(d) (DR) FOH control …….….. (CR) FOH applied</p> <p>(e) None of these</p>
A) DR finished goods......Cr WIP
A
The correct answer is A
a) Finished goods...................Dr
Working In Process.................Cr
Because after completing transfer the value of WIP to Finished goods it comes true as completion of job.
Agreed with colleagues answers
The Answer A
Agree with the answers given by :
Ms. Sara Naeem & Mr. Divyesh Patel for Answer:
Debit Finished Goods A/c and Credit Working Progress Account.
Correct Answer A
DR...... finished goods
Cr.....Wip
answer is A
ANSWER A
