So the degree of completion of beginning WIP is completely irrelevant to a question involving Weighted average product cost reports? You can essentially ignore the fact that only 35% of beginning conversion was complete. You only need to know the ending degree of completion. Can someone clarify?

is it okay to start listing all the Asset not the current assets in balance sheet?

Is this the process-costing method or job-costing?

Hey Earl! Is this exercise from an online course? And if so, can you please share with us what course is it?

It’s better to summarise it into trial balance first then from that you can simply produce the FS

What type of bullshit y’all on

Thank you👋

Sir, you are explaining a difficult topic in an easiest possible manner. Thank u so much

That was So Practical.👌👌 THANKS

No view clear one digit

you are not explaining clearly.

Thankyou so much, this is helpfully 🙏

You did fixes costs wrong. You did a difference of 6000

Correction: In the first problem should be a debit to prepaid insurance 10,000 and a credit to insurance expense 10,000