» 24 Which of the following transactions would be recorded in the general journal?
» 24 Which of the following transactions would be recorded in the general journal?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:» 24
Which of the following transactions would be recorded in the general journal?
Expert Solution
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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