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At the end of the year,Metro,Inc.has an unadjusted credit balance in the Manufacturing Overhead account of $820.Which of the following is the year-end adjusting entry needed to adjust the account?
Contract Law
The body of law that governs the agreements made between parties, detailing the creation, execution, and enforcement of contracts.
Age of Majority
The age at which a person is legally recognized as an adult and is fully responsible for his or her actions.
Ratify Contracts
To formally confirm or approve an agreement, making it officially valid.
Minor
A person who is below the legal age of majority, which varies by jurisdiction, making them legally incapable of entering into certain contracts and responsibilities.
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