Assume the amount of scrap is material and the scrap is sold immediately after it is produced

ACCOUNTING

Multiple Choice

Assume the amount of scrap is material and the scrap is sold immediately after it is produced. If the scrap attributable to a specific job is sold on account, the journal entry is:

a. Work-in-Process Control

Cash

b. Work-in-Process Control

Accounts Receivable

c. Accounts Receivable

Work-in-Process Control

d. Work-in-Process Control

Accounts Receivable

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