Accounting

Discuss on Manufacturing Financial Statements

Discuss on Manufacturing Financial Statements

principle objective of this article is to Discuss on Manufacturing Financial Statements. here analysis Manufacturing Financial Statements in accounting perception with example. Manufacturing companies have several different accounts compared to services and merchandising companies. These include three types of stock accounts—raw materials, work‐in‐process, along with finished goods—and several long‐term fixed asset accounts. A manufacturing company uses purchased unprocessed trash and/or parts to generate a product for sale.