During March, XYZ Inc. transferred $50,000 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $56,000. The journal entries to record these transactions would include a:

Date   Journal entries             Debit          Credit

          Finished Goods          $50,000

              Work in Process                          $50,000

          Cost of Goods Sold$56,000

               Finished Goods                          $56,000

almost done 23 out of 25

match each type of restriction with one of its effects.

a. land-use laws

b. labor laws

c. banking regulations

a. controlled development of towns and cities

b. protection of young workers

c. greater financial stability