EXERCISE 2-5. Inventory-Related Accounts [LO 1, 2] Place Y (yes) beside the general ledger accounts related to inventory in a job-order cost system and N (no) by those that are not.

______ a. Raw Materials Inventory

_____ b. Administrative Expense

_____ c. Work in Process Inventory

______ d. Finished Goods Inventory

______ e. President's salary

______ f. Cost of Goods Sold

______ g. Manufacturing overhead

______ h. Advertising expense