At the End of the Year,Beta,Inc

question 121

Multiple Choice

At the end of the year,Beta,Inc.has an unadjusted debit balance in the Manufacturing Overhead account of $4000.The adjusting journal entry needed to adjust the balance to zero will include a ________.

• A) debit to Cost of Goods Sold $4000 and credit to Manufacturing Overhead $4000
• B) debit to Manufacturing Overhead $4000 and credit to Cost of Goods Sold $4000
• C) debit to Work-in-Process Inventory $4000 and credit to Manufacturing Overhead $4000
• D) debit to Gross Profit $4000 and credit to Cost of Goods Sold $4000

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