In Construction related field, Work -in Progress on going Project, Which side of the B/S in ending side? It is an Asset or Liability?

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Muhammad Farooq
23-October-2018

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Question ajoutée par ANI GOPALAKRISHNAN , Accountant , Power International Facilities Management
Date de publication: 2015/03/09

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Mohamed Mustafa

par Mohamed Mustafa , Commercial and Financial Manager. , Sices Misr SAE Products and Services for Oil & Gas.

will be in the asset side in b/s as a part of inventory / unfinished goods.

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par Mohammad Ayoub , AR & AP Expert , Hilti Qatar

Liabilities should be on the ending side of the balance sheet.

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