question archive There are no beginning finished goods inventory in the month of October
There are no beginning finished goods inventory in the month of October
Subject:AccountingPrice:2.84 Bought3
There are no beginning finished goods inventory in the month of October. During October, Malik Inc. transferred Rs. 225,000 from Work in Process to Finished Goods and then shipped all finished goods to customer at 25% above cost. What would be the amount of Cost of Goods Sold at the debit side of journal entry:
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