Selected accounts with a credit amount omitted are presented as follows: What was the balance of Work in Process as of April 30?

Question

Selected accounts with a credit amount omitted are presented as follows:   What was the balance of Work in Process as of April 30?

Quizplus · Accepted Answer

Without information on the credit amounts, we need to look for account balances that are not affected by credit entries. Work in Process is an inventory account that is not normally credited. The only account that shows a balance is the Work in Process account with a debit amount of $29,900. Therefore, the balance of Work in Process as of April 30 is $29,900.

Selected Accounts with a Credit Amount Omitted Are Presented as Follows