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The following details are taken from a manufacturing company:
Opening balance(01.01.2020):
Work in process account - OMR 60,000
Finished goods account - OMR 120,000
Transaction during the month( January 2020):
Job No 101 and 102 completed - OMR 45,000
Cost of Job. No: 15 sold and shipped - OMR 15,000
Closing balance in work in process account for the month January 2020 will be: b. OMR 45,000c. OMR 15,000a. OMR 60,000d. OMR 105,000
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