Question

closing balence of work in process is a part of

Answer 1

Answer:

Work in Process Overview

Work in process inventory is an asset The ending work in process inventory is simply the cost of partially completed work as of the end of the accounting period. Ending WIP is listed on the company's balance sheet along with amounts for raw materials and finished goods.

Explanation:

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Answer 2

Answer:

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Explanation:

Work in process inventory is an asset The ending work in process inventory is simply the cost of partially completed work as of the end of the accounting period.