Manufacturing
Issuing Raw Materials to Production
Moving the cost of materials from the warehouse to the assembly line (Work-in-Process).
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Work-in-Process (WIP) Inventory | Asset (+) | 3,000.00 | - |
| Raw Materials Inventory | Asset (-) | - | 3,000.00 |
💡 Accountant's Note
This represents the moment raw steel or plastic is 'consumed' by a specific production job.
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