Selected accounts with a credit amount omitted are presented

Selected accounts with a credit amount omitted are presented as follows: Work in Process Apr. 1 Balance 7,000 Apr. 30 Goods finished X 30 Direct materials 78,400 30 Direct labor 195,000 30 Factory overhead 136,500 Finished Goods Apr. 1 Balance 42,000 30 Goods finished 387,000 What was the balance of Work in Process as of April 30?

Solution

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Hence 29900 is closing Work in progress.