Which Of The Following Is An Inventory Account?

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Which Of The Following Is An Inventory Account?

a. Accounts receivable b. Finished goods c. All of these are inventory accounts d. Equipment e. Contributed capital
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b. Finished goods Equipment is not an inventory account. Equipment consists of items used in the production of income that are not held for sale. Inventory can include raw materials, work in process, and finished goods. Raw materials is an inventory account that contains the cost of materials that have not yet been started into the production process. Work in process is an inventory account that contains the cost of goods started, but not completed. Finished goods is an inventory account that contains the cost of goods completed that are ready to sell
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