At the end of the year, Beta, Inc. has an unadjusted debit balance in the...
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Accounting
At the end of the year, Beta, Inc. has an unadjusted debit balance in the Manufacturing Overhead account of $9,000. The manager indicates the balance is significant and finds that raw materials have a balance of $30,000; work-in-process inventores have a balance of $40,000; finished goods have a balance of $10,000; cost of goods solds have a balance of 100,000. The adjusting journal entry needed to adjust the cost of good solds account is to ______
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