Which of the following accounts is reported on the balance sheet?
A) Raw materials inventoryRaw Materials Inventory.
B) Work in Pprocess Iinventory.
C) Finished Ggoods Iinventory.
D) All of these.

Question

Quizplus · Accepted Answer

The Raw Materials Inventory,Work in Process Inventory,and Finished Goods Inventory accounts are assets accounts and,as such are reported on the balance sheet.

Which of the Following Accounts Is Reported on the Balance