XYZ company noted the following in his books: Finished Items 188,800 ...
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Accounting
XYZ company noted the following in his books:
Finished Items 188,800
Items in Process 188,800
The correct explanation of this entry in a company that uses Job Order Cost System will be:
a. Finished products were sold for $ 188,800 in cash.
b. Finished products were sold for $ 188,800 on credit.
c. Jobs began for $ 188,800.
d. Jobs for $ 188,800 were completed.
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