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Provide the JE to remove your inventory when you sell $10 of 2x4s. Select one:...

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Question

Accounting

Provide the JE to remove your inventory when you sell $10 of 2x4s.

Select one:

a. Dr. Raw Materials Cr. FG

b. Dr. Cash Cr. Expense

c. Dr. WIP Cr. FG

d. Dr. Revenue Cr. Cash

e. Dr. Cash Cr. COGS

f. Dr. Expense Cr. Cash

g. Dr. COGS Cr. FG

h. Dr. Cash Cr. Raw Materials

i. Dr. COGS Cr. Cash

j. Dr. WIP Cr. Cash

k. Dr. FG Cr. COGS

l. Dr. Cash Cr. Bank

m. Dr. Cash Cr. Revenue

n. Dr. FG Cr. Raw Materials

o. Dr. Raw Materials Cr. Cash

p. Dr. FG Cr. WIP

q. Dr. WIP Cr. Raw Materials

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