The inventory accounts of a manufacturer would include all of the following accounts except
A)raw materials inventory.
B)work-in-process inventory.
C)finished goods inventory.
D)sold goods awaiting shipment inventory.

Question

Quizplus · Accepted Answer

The sold goods awaiting shipment inventory account is not a part of a manufacturer's inventory accounts. Once the goods have been sold, they are no longer considered inventory but rather become accounts receivable. The other three accounts (raw materials, work-in-process, and finished goods) are all part of a manufacturer's inventory accounts.

The Inventory Accounts of a Manufacturer Would Include All of the Following