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Select one manufacturer and one service business that you are familiar with and indicate what would be included in the three types of inventory accounts.

Select one manufacturer and one service business that you are familiar with and indicate what would be included in the three types of inventory accounts. Use details that are unique to your businesses. As my example:

Manufacturer:

Raw Materials Inventory:

Work in Process Inventory:

Finished Goods Inventory:

Service Business:

Raw Materials Inventory:

Work in Process Inventory:

Finished Goods Inventory:

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