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Author Question: Fixed overhead costs for March for a factory were Salaries of $44,000, depreciation of $10,000, and ... (Read 137 times)

HCHenry

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Fixed overhead costs for March for a factory were Salaries of $44,000, depreciation of $10,000, and property taxes of $4,000. Which of the following journal entries would be correct?
Fixed Overhead Control$58,000
Accounts Payable$58,000

Depreciation Expense$10,000
Salaries Expense$44,000
Fixed Overhead Control$4,000
Accumulated Depreciation$10,000
Cash$44,000
Accounts Payable$4,000

Work-in-Process$58,000
Accounts Payable$4,000
Salaries Payable$44,000
Accumulated Depreciation$10,000

Fixed Overhead Control$58,000
Accounts Payable$4,000
Salaries Payable$44,000
Accumulated Depreciation$10,000


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Marked as best answer by HCHenry on Mar 6, 2021

bblaney

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HCHenry

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Reply 2 on: Mar 6, 2021
Wow, this really help


mohan

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Reply 3 on: Yesterday
:D TYSM

 

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