Which of the following items would be found on the balance sheet of a manufacturer?

finished goods
work in process
raw materials
All of these choices are correct

Solutions

Expert Solution

Option D :- All of these choices are correct

Here given that balance sheet of manufacturer

Usually manufacturing requires raw materials for manufacturing the lefted raw materials at the year end will appear on balance sheet as an assets on inventory saide

All finished goods will not sold at year end so remaining balance will appears on balance sheet as an asset under inventory

At the year end some goods may partially completed these will appears as an asset under workin progress

ekkarill92 answered 1 year ago

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