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Work In Process
Inventory items that are in the process of being produced but are not yet complete.
Subsidiary Ledger
A detailed ledger containing individual accounts with a common characteristic, linked to a summary account in the general ledger.
Materials Ledger
A detailed record tracking the quantity and cost of materials on hand.
Finished Goods Ledger
A ledger that records the costs associated with the manufacturing and production of goods that are completed and ready for sale.
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