At December 31, balances in Manufacturing Overhead are: Lott Companydebit $1,500, Perez Companycredit $900. Prepare the adjusting
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At December 31, balances in Manufacturing Overhead are: Lott Company—debit $1,500, Perez Company—credit $900. Prepare the adjusting entry for each company at December 31, assuming the adjustment is made to cost of goods sold.
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Related Book For 
Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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