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In a manufacturing business, inventory that is ready for sale is called Question 1 Not yet answered Marked out of 1.00 P Flag question O

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In a manufacturing business, inventory that is ready for sale is called Question 1 Not yet answered Marked out of 1.00 P Flag question O a. Work in process inventory O b. Finished goods inventory O c. Store supplies inventory O d. Raw materials inventory Navt nang Question 2 The correct closing entry used to close Drawings account is: Not yet answered Marked out of 1.00 P Flag.question O a. Dr.) Drawings, (Cr.) Capital O b. (Dr.) Capital, (Cr.) Drawings O c. Dr.) Income summary. (Cr.) Capital O d. Dr.) Income summary. (Cr.) Drawings

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