O'Hare Company is a manufacturing firm that uses a job-order costing system to determine the costs of its products. During the current accounting period, O'Hare recognized cost of goods sold of $4,850 for Job #132. The recognition of this event will include a decrease to which of the following accounts?
A. Production Supplies.
B. Cost of Goods Sold.
C. Work in Process Inventory.
D. Finished Goods Inventory.
Answer: D
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