Monday, December 10, 2012

When the amount of scrap is immaterial, the easiest accounting entry when recording scrap sold for cash is

ACCOUNTING

Multiple Choice

When the amount of scrap is immaterial, the easiest accounting entry when recording scrap sold for cash is

a. Sales of Scrap

Cash

b. Cash

Manufacturing Overhead Control

c. Cash

Sales of Scrap

d. Accounts Receivable

Sales of scrap

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