Brussels Products began its Belgian operations on January 1.The following is the journal entry for the issuance, to producing departments of raw materials costing €20,000:
a. Work-in-Process Inventory. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20,000
Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . 20,000
b. Work-in-Process Inventory. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20,000
Finished Goods Inventory . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20,000
c. Finished Goods Inventory. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20,000
Raw Materials Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20,000
d. Work-in-Process Inventory. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20,000
Raw Materials Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20,000
e. Raw Materials Inventory. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20,000
Work-in-Process Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20,000
D
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