At the End of the Year,Beta,Inc

question 162

Multiple Choice

At the end of the year,Beta,Inc.has an unadjusted debit balance in the Manufacturing Overhead account of $3,990.The adjusting journal entry needed to adjust the balance to zero will include a ________.

• A) debit to Cost of Goods Sold $3,990 and credit to Manufacturing Overhead $3,990
• B) debit to Manufacturing Overhead $3,990 and credit to Cost of Goods Sold $3,990
• C) debit to Work-in-Process Inventory $3,990 and credit to Manufacturing Overhead $3,990
• D) debit to Gross Profit $3,990 and credit to Cost of Goods Sold $3,990

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Definitions:

Common Source

Refers to a single identifiable source of infection, contamination, or dissemination of disease.

Salmonella

A genus of bacteria that is a common cause of foodborne illness, often resulting from contaminated water or foods, especially poultry and eggs.

MRSA Carrier

A MRSA Carrier is a person who has methicillin-resistant Staphylococcus aureus bacteria living on their skin or in their nose but may not show any signs of illness.

Coded

The process of transforming descriptions of medical diagnoses and procedures into universal medical code numbers.