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Business, 20.02.2020 02:05 skatingflower

Barnett, Inc., which uses a process-costing system, transfers completed production from Department no. 1 to Department no. 2 for further work. Which of the following best describes the account that would be credited to record this transfer?

a. Cost of Goods Transferred

b. Finished-Goods Inventory: Department no. 1

c. Finished-Goods Inventory: Department no. 2

d. Work-in-Process Inventory: Department no. 1

e. Work-in-Process Inventory: Department no. 2

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