Examlex
The work of Ernst Kirchner shows ____.
Work in Process
Work in process is an accounting term referring to partially finished goods that are still in the production process.
Inventory
The total amount of goods and materials held by a business for the purpose of resale, production, or utilization.
Net Income
The company's earnings remaining after deducting all expenses and taxes from its revenue.
Beginning Equity
The value of an owner's interest in a company at the start of an accounting period.
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