Mulligan, Inc., which uses a process-cost accounting system, passes completed production from Department A to Department B for further manufacturing. The journal entry to record completed production in Department A requires:
a. a debit to Finished-Goods Inventory and a credit to Work-in-Process Inventory: Department A.
b. a debit to Finished-Goods Inventory and a credit to Work-in-Process Inventory.
c. a debit to Work-in-Process Inventory and a credit to Finished-Goods Inventory.
d. a debit to Work-in-Process Inventory: Department B and a credit to Work-in-Process Inventory: Department A.
e. a debit to Work-in-Process Inventory: Department A and a credit to Work-in-Process Inventory: Department B.
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