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What Are The Various Steps To Complete The Cash Flow?

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    Well the process is as follows:

    1. Work in Process    debit entry for one department 1
      work in process      credit entry for other department 2

    2. Finished goods       debit
        Work in Process     credit for department 1

    3. Cost of goods sold  debit
        Finished goods          credit


    for further information click there: Cash flow
    1 1

    Jannifer 

    answered 1 year ago

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