Which Account Is Credited When Overhead Is Debited to Overhead

question 15

Multiple Choice

Which account is credited when overhead is debited to overhead control?

• A) various payable accounts
• B) Office Supplies Expense
• C) Raw Materials Inventory
• D) Office Supplies Inventory

---

Definitions:

Corporate Records

Documents and records that a corporation is legally required to maintain, usually including incorporation papers, bylaws, meeting minutes, and financial statements.

Compensation

Payment or reward given for services rendered, loss incurred, or for the performance of duties or responsibilities.

Board of Directors

A group of individuals elected by shareholders to make major decisions and oversee the management of a corporation.

Shares of Stock

Units of ownership in a corporation that represent a claim on a portion of the corporation's assets and earnings.