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At the end of the year, Metro, Inc. has an unadjusted credit balance in the Manufacturing Overhead ...

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At the end of the year, Metro, Inc. has an unadjusted credit balance in the Manufacturing Overhead ...

At the end of the year, Metro, Inc. has an unadjusted credit balance in the Manufacturing Overhead account of $820. Which of the following is the year-end adjusting entry needed to adjust the account?
A) A debit to Cost of Goods Sold of $820 and a credit to Manufacturing Overhead of $820
B) A debit to Manufacturing Overhead of $820 and a credit to Cost of Goods Sold of $820
C) A debit to Manufacturing Overhead of $820 and a credit to Finished Goods Inventory of $820
D) A debit to Cost of Goods Sold of $820 and a credit to Finished Goods Inventory of $820

Textbook

Horngren's Financial & Managerial Accounting, The Financial Chapters

Edition: 5^th

Authors: Miller-Nobles, Mattison, Matsumura

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H3Ko Author

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I just realized you had posted this! Thanks so much

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syrgak

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thanks

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Taylor S.

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thank you

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Brandon N.

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Thanks

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