The reason for the great decline of chicken prairie in Illinois is simply because there is no enough habitat left. Because people have continually changed how they used the land which was once a tall grass prairie where the birds reside. Due to such change, their space for habitat has declined resulting to the decline of the birds themselves.
A balance sheet gives an idea as to what the company owns and owes, as well as the amount invested.
So you must know what each amout is.
Answer:
A. total assets of the company remain constant
Explanation:
Mainly there are three stages to make the final product. These are
1. Raw material
2. Work in progress
3. Finished goods
When the product is finished in all respects. It is ready for sale.
According to the given situation, when work in progress inventory is transferred to the finished goods, the inventory part or we can say the asset part remains constant. As a raw material, work in progress, and the finished goods are the inventory.
The work in progress balance will get reduced by the same amount as finished goods increased.