Daniel Company's manufacturing overhead account showed a $4,500 over allocated balance at the end of...
60.1K
Verified Solution
Link Copied!
Question
Accounting
Daniel Company's manufacturing overhead account showed a $4,500 over allocated balance at the end of 2020. The entry to close the manufacturing overhead account would include which of the following?
A Credit to work in process for $4,500
B Debit to work in process for $4,500
C Debit to cost of goods sold for $4,500
D Debit to manufacturing overhead for $4,500
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
