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Author Question: If scrap is reused as direct material rather than sold as scrap, which of the following would be the ... (Read 68 times)

nmorano1

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on: Mar 6, 2021
If scrap is reused as direct material rather than sold as scrap, which of the following would be the proper account?
◦ Accounts Receivable is debited at its estimated net realizable value and then credited when the scrap is reused
◦ Materials Control is debited at its estimated net realizable value and then credited when the scrap is reused
◦ Manufacturing Overhead Control is debited at its estimated net realizable value and then credited when the scrap is reused
◦ Work-in-Process Control is debited at its estimated net realizable value and then credited when the scrap is reused
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by nmorano1 on Mar 6, 2021

chreslie

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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nmorano1

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

dyrone

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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