During March, Z Corp, transferred $56,000 from Work in Process to Finished Goods and sold manufactured goods with a cost of $62,000. Which of the following journal entries would be correct?" a. debit to Work in Process of $56,000 and a credit to Finished Goods of $56,000.
b. debit to Finished Goods of $62,000 and a credit to Cost of Goods Sold of $62,000.
c. debit to Finished Goods of $56,000 and a credit to Work in Process of $56,000.
d. debit to Finished Goods of $62,000 and a credit to Sales of $62,000.