work in progress
This query is : Resolved
Sandeep Kumar
(Querist)
25 June 2009
sir , please tell me
what is the work in progress
tell me it in deeply
what is the work in progress
tell me it in deeply
CA.Tarun Maheshwari
(Expert)
25 June 2009
Any work, which is incomelete at the time of closing of the accounting period and the working is still going on on that work, is known as work in progress.
CMA Ankur Pandey
(Expert)
25 June 2009
not fully done work is called work in progress
for eg
the inventory on 31 march (end of F.Y.)on which some work is done ,but it is not converted into finished good completely is known as work in progress
for eg
the inventory on 31 march (end of F.Y.)on which some work is done ,but it is not converted into finished good completely is known as work in progress
25 June 2009
Follow the link for detail
https://www.answers.com/topic/work-in-process
https://www.answers.com/topic/work-in-process
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