On November 25 the Printing Department transferred 9100 of c

On November 25, the Printing Department transferred $9,100 of costs to the Packaging Department. On October 26, the Packaging Department transferred $10,700 of costs to Finished Goods. Prepare the journal entries to record the transfers. Show your work.

Solution

Journal entries :

Date	accounts & explanation	debit	credit
	Work in process-packaging department	9100
	Work in process-Printing department		9100
	(To record transfer from printing to packaging)
	Finished goods inventory	10700
	Work in process-Packaging department		10700
	(To record transfer from packaging to finished goods)