On June 30, Caroline, Inc finished Job 750 with total job costs of $4,400 and transferred the costs to Finished Goods Inventory
On July 6, Caroline completed the sale of the goods from Job 750 to a customer for $6,000 cash. Which of the following is the correct entry needed to record the revenue earned?
A) debit Finished Goods Inventory $4,400 and credit Sales Revenue $4,400
B) debit Cash $6,000 and credit Sales Revenue $6,000
C) debit Sales Revenue $6,000 and credit Cash $6,000
D) debit Cost of Goods Sold $4,400 and credit Sales Revenue $4,400
B .B) Journal entry:
Cash 6,000
Sales Revenue 6,000
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The duty of a company to create wealth in ways that avoid harm to, protect, or enhance societal assets is called corporate social responsibility.
a. true b. false
When considering Nolan and Gibson's' information technology learning curve, technological discontinuity was greatest during:
A) the Internet era. B) the DP era. C) the Network era. D) the Micro era.