A job for a specific customer can be shipped when completed and thus never enter
finished goods inventory; Sales and Cost of Goods Sold are recorded when the job
is transferred from Work in Process. Because Job 5574 was shipped immediately to
Company on January 18, it is not included in the entry transferring completed work to Finished Goods. Only job 515 is transferred to Finished
and the completion of Job 5574 is recorded by the following entries:
Accounts Receivable 7,860
Sales 7,860
Cost of Goods Sold 5,254
Work n Process 5,254