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Author Question: Which account is debited assuming utilities and repairs were on account? Manufacturing overhead ... (Read 146 times)

kshipps

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on: Jul 5, 2018
Which account is debited assuming utilities and repairs were on account?
 
  Manufacturing overhead costs incurred for the month are:
 
   Utilities 30,000
   Depreciation on equipment 25,000
   Repairs 20,000
 
  A) Manufacturing Overhead Control, 75,000
  B) Utilities Overhead Control, 30,000
  C) Accumulated Depreciation Control, 25,000
  D) Accounts Payable Control, 50,000

Question 2

Billing/accounts receivable is traditionally part of the AIS.
  Indicate whether the statement is true or false


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whitcassie

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Reply #1 on: Jul 5, 2018
Answer to Question 1

Answer: A

Answer to Question 2

T


kshipps

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Reply #2 on: Jul 5, 2018
Thank you


whitcassie

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Reply #3 on: Jul 5, 2018
No problemo


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