At Year-End,Marshall Enterprise's Factory Overhead Account Has a Credit Balance

question 113

Multiple Choice

At year-end,Marshall Enterprise's Factory Overhead account has a credit balance of $5,000,which is not a material amount.What entry should Marshall make at year-end?

• A)No entry is needed.
• B)Debit Factory Overhead $5,000; credit Cost of Goods Sold $5,000.
• C)Debit Cost of Goods Sold $5,000; credit Factory Overhead $5,000.
• D)Debit Factory Overhead $5,000; credit Work in Process Inventory $5,000.
• E)Debit Factory Overhead $5,000; credit Finished Goods Inventory $5,000.

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An individual who possesses an innate ability or talent for physical activities and sports, often excelling with minimal training.

The Phenotype

The observable physical or biochemical characteristics of an organism, as determined by both genetic makeup and environmental influences.

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