In adjusting entries for a manufacturing business, the beginning balance of the work in process inventory is eliminated by crediting Work in Process Inventory and debiting:

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The beginning balance of the work in process inventory is eliminated by transferring it to the Manufacturing Summary account, which collects all costs related to production during the period. This process ensures that the costs associated with the production are properly matched with the period in which they are incurred.

In Adjusting Entries for a Manufacturing Business, the Beginning Balance