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In making journal entries to assign raw materials costs, a company using process costing:

a) debits Finished Goods Inventory.

b) often debits two or more work in process accounts.

c) generally credits two or more work in process

accounts.

d) credits Finished Goods Inventory.

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Question added by Deleted user
Date Posted: 2015/12/09
هيثم ناجى
by هيثم ناجى , محاسب اول , الفيوم لصناعة السكر

b is correct

raw materials is debt in the account of work in process two or more times

 

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