work in progress

[joannmc]

doing a simulation and work in progress ahs come up instead of normal stock in the extended trial balance. Do i need to do add this like normal stock? can someone please help :(

[lincs]

Aye, presumably the question has already calculated what the WIP is actually worth and is thus treated as part of stock. (thus deducted off purchases when calculating cost of sales and included as a current asset in the balance sheet)

Hope this helps
Adrian

PS you might want to find an appropriate forum for this type of query.

[peugeot]

Agreed because I've just replied to it on the intermediate forum.

Steve