Monday, December 10, 2012

If scrap, common to all jobs, is returned to the storeroom and the time between the scrap being inventoried and its disposal is quite lengthy, the journal entry is

ACCOUNTING

Multiple Choice

If scrap, common to all jobs, is returned to the storeroom and the time between the scrap being inventoried and its disposal is quite lengthy, the journal entry is:

a. Work-in-Process Control

Materials Control

b. Materials Control

Work-in-Process Control

c. Manufacturing Overhead Control

Materials Control

d. Materials Control

Manufacturing Overhead Control

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