In a Job Costing System the Accounting Entry to Record

question 26

Multiple Choice

In a job costing system the accounting entry to record the payment of factory wages for the month is:

• A) debit cost of goods sold; credit bank
• B) debit work in process; credit overhead control account
• C) debit factory wages; credit work in process
• D) debit work in process; credit wages payable

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Definitions:

Components

The distinct parts or elements that make up a whole system, device, or machine.

Connective

In logic, a word or phrase that connects clauses or sentences, such as "and," "or," "if... then."

Symbolic Form

The representation of logical propositions using symbols and variables to simplify and clarify relationships.

Components

Parts or elements that make up a larger whole, often referring to parts of a machine, system, or compound.