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Author Question: When goods are finished, the Finished Goods Control account is debited while the Work-in-Process ... (Read 147 times)

panfilo

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on: Mar 6, 2021

Question 1

The sum of all entries in underlying subsidiary ledgers equals the total amount in the corresponding general ledger control accounts.
◦ true
◦ false

Question 2

When  goods are finished, the Finished Goods Control account is debited while the Work-in-Process Control account is credited.
◦ true
◦ false
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by panfilo on Mar 6, 2021

trampas

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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panfilo

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Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)

Animal_Goddess

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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