Unformatted text preview: inventory, and cost of goods sold. After recording this entry, the balance in the factory overhead account is zero. General Journal Date Account Title and Description Ref. Debit Credit 20X2 June 30 Factory Overhead 125 (M) Cost of Goods Sold 125 Close out overapplied overhead...
View Full Document
This note was uploaded on 11/16/2011 for the course ACCT 2310 taught by Professor Staff during the Spring '09 term at Texas State.
- Spring '09