At the End of the Year, Deltona Company Has a Preliminary

question 8

Multiple Choice

At the end of the year, Deltona Company has a preliminary debit balance in the Manufacturing overhead account of $3,950. Which of the following is the year-end adjusting entry needed to clear the balance to zero?

• A) Debit Cost of goods sold $3,950, credit Manufacturing overhead $3,950
• B) Debit Manufacturing overhead $3,950, credit Cost of goods sold
• C) Debit Work in process $3,950, credit Manufacturing overhead $3,950
• D) Debit Gross profit $3,950, credit Cost of goods sold $3,950

---

Definitions:

Transcranial Magnetic Stimulation

A non-invasive procedure that uses magnetic fields to stimulate nerve cells in the brain to treat depression and other conditions.

Major Depression

A disorder involving disturbances in emotion (excessive sadness), behavior (loss of interest in one’s usual activities), cognition (thoughts of hopelessness), and body function (fatigue and loss of appetite).

FDA

The Food and Drug Administration, a federal agency responsible for protecting public health by ensuring the safety of food, drugs, and medical devices.

ADHD

Attention Deficit Hyperactivity Disorder, a neurodevelopmental disorder characterized by inattention, hyperactivity, and impulsivity.