1) The opening balance of materials at thebeginning of a period

2) Dr Materials, Cr Payables or Bank

3) Dr Materials, Cr Production or WIP

4) Direct materials used in production 

    Dr Production, or WIP Cr Materials

5) Dr Payables or Bank, Cr Materials

6) Indirect materials are treated asoverheads

    Dr Overheads, Cr Materials

7) Material write-offs

    Dr statement of profit or loss, Cr Materials

8) The closing balance of materialinventory, it will become the opening balance at the beginning of the nextperiod.