Principles of Management Accounting week 2

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In a job-order costing system, the entry to record depreciation on manufacturing equipment would include:

a. a debit to the Work in Process inventory account.
b. a debit to the Depreciation Expense account.
Selected: c. a debit to the Manufacturing Overhead account.This answer is correct.
d. a credit to the Work in Process inventory account.

Correct! We debit Manufacturing Overhead and credit Accumulated depreciation to record depreciation.

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