The ending balance of the work in process inventory is recorded by debiting Work in Process Inventory and crediting:

Question

Quizplus · Accepted Answer

The ending balance of the work in process inventory is typically transferred to the Manufacturing Summary account, which is a temporary account used to accumulate all manufacturing costs incurred during the period. This account is then closed out to the Cost of Goods Sold account at the end of the period. Therefore, the correct option is B, Manufacturing Summary.

The Ending Balance of the Work in Process Inventory Is