Which of the following is the subsidiary ledger for work-in-process?
A) The finished goods ledger
B) Job cost sheets
C) Materials requisitions
D) The materials ledger

Question

Quizplus · Accepted Answer

Job cost sheets provide detailed information on the cost of each individual job or project in progress, making it the subsidiary ledger for work-in-process. The finished goods ledger tracks completed products, the materials requisitions provide information on the movement of materials in and out of inventory, and the materials ledger tracks the balances and transactions related to raw materials inventory.

Which of the Following Is the Subsidiary Ledger for Work-In-Process