During March, Zea Inc. transferred $50,000 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $56,000. The journal entries to record these transactions would include a:

A. credit to Cost of Goods Sold of $56,000.
B. credit to Finished Goods of $50,000.
C. credit to Work in Process of $50,000.
D. debit to Finished Goods of $56,000.


Answer: C

Business

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