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    juvenalia's Avatar
    juvenalia Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Mar 23, 2012, 03:09 PM
    Work in process accounting entry
    Show me the entry for work in process
    emopunk7's Avatar
    emopunk7 Posts: 1,052, Reputation: 161
    Ultra Member
    		  
    #2

    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.
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