Accountancy, asked by madhurisathe78, 3 months ago

the balance of the work in process account is equal to​

Answers

Answered by ItzNiladoll
4

Answer:

Hope this helps you ✔️✔️

Explanation:

The balance in the Work in Process account equals: the balance in the Finished Goods inventory account.

Answered by anjalirawat2031
0

Introduction:

Work in process denotes things that are only half done. These items are also known as goods-in-process.

Explanation:

Some people define work in process as items that go from raw ingredients to final product in a short period of time. Manufactured items are an example of a work in process.The Work in Process account balance matches the Finished Goods inventory account balance.

Similar questions