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Maintenance Costs
Expenses incurred in the upkeep of machinery, equipment, and facilities to ensure their efficient and effective operation.
Journal Entries
Records of financial transactions in the double-entry bookkeeping system, noting debits and credits for each transaction.
Work in Process
Inventory representing goods that are in the production process but not yet completed.
Finished Goods
Merchandise ready for retail, having gone through the manufacturing stage.
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