» 24 Which of the following transactions would be recorded in the general journal?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Which of the following transactions would be recorded in the general journal?
Transcribed Image Text:» 24 Which of the following transactions would be recorded in the general journal?
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Step 1

24.

The following transactions would be recorded in the general journal are given below:

  • Depreciation recorded annually
  • Transfer of goods from work in process inventory to finished goods inventory

Therefore, 4th option and 5th option is the correct answer.

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