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At the beginning of the year, Judge Manufacturing had the following account balances: Work-in - Process Inventory 20,000 Fini
Sales Revenue The following additional details are provided for the year. Direct materials placed in production Direct labor
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Answer #1

Answer- The ending balance in the Finished Goods Inventory account is a = debit of $509800 (Option B).

Explanation- Ending balance of Finished goods inventory = Beginning balance of Finished goods inventory+ Transfer of finished goods

= $8000+$501800

= $509800 (Debit balance)

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