Multiple choice

Directions: Choose the correct option for the given question:

The work-in-progress control account is credited with the

  1. cost of production

  2. cost of sales

  3. cost of finished goods

  4. cost of work-in-progress

  5. none of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The work-in-progress control account is debited with production costs and credited when goods are completed and transferred to the finished goods account.

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