If a company completes \$10,000 worth of inventory, what is the correct journal entry?

• A. Debit Finished Goods Inventory \$10,000; Credit Work in Process Inventory \$10,000
• B. Debit Raw Materials Inventory \$10,000; Credit Finished Goods Inventory \$10,000
• C. Debit Finished Goods Inventory \$10,000; Credit Raw Materials Inventory \$10,000
• D. Debit Work in Process Inventory \$10,000; Credit Finished Goods Inventory \$10,000

Answer: (A)