juvenalia
Mar 23, 2012, 03:09 PM
Show me the entry for work in process
emopunk7
Mar 23, 2012, 09:21 PM
What specifically?
Is this related to process costing?
You can buy materials and then use it. Let's say $500 worth of materials.
Raw materials $500
Cash $500
Work in Process $500
Raw Materials $500
It's very simple.