At the end of the year, Martin Company has a preliminary credit balance in the Manufacturing overhead account of $95. Please provide the year-end adjusting entry needed to clear the balance to zero.
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Question

At the end of the year, Martin Company has a preliminary credit balance in the Manufacturing overhead account of $95. Please provide the year-end adjusting entry needed to clear the balance to zero.
 $\begin{array}{|l|l|l|}
 \hline\quad \quad\quad \quad\quad \quad \quad \quad  \quad \quad \quad \quad  \quad &\quad \quad \quad  & \quad \quad \quad \
\hline \text {  } & \text {  } & \text {  }\
\hline 
\end{array}$

Quizplus · Accepted Answer

The Answer of At the end of the year, Martin Company has a preliminary credit balance in the Manufacturing overhead account of $95. Please provide the year-end adjusting entry needed to clear the balance to zero.
 $\begin{array}{|l|l|l|}
 \hline\quad \quad\quad \quad\quad \quad \quad \quad  \quad \quad \quad \quad  \quad &\quad \quad \quad  & \quad \quad \quad \
\hline \text {  } & \text {  } & \text {  }\
\hline 
\end{array}$

At the End of the Year, Martin Company Has a Preliminary