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Which of the following accounts would NOT appear on the balance sheet of a manufacturing firm? a. Materials Inventory b. Work in Process Inventory c.

  1. Which of the following accounts would NOT appear on the balance sheet of a manufacturing firm?
a. Materials Inventory
b. Work in Process Inventory
c. Finished Goods Inventory
d. Merchandise Inventory

2. The purchases account for a merchandising firm is replaced by which of the following in a manufacturing firm?

a. Cost of Goods Sold
b. Cost of Goods Manufactured
c. Finished Goods
d. Work in Process

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