Question

A compary has $25,000 of depreciaton on plant assets and paid $12.000 for repairs also to plant assets. Which of the following journal entries would be required? OA. Depreciation Expense Repairs Expense $25,000 $12 0OD $37,000 Accumulated Depreciation Control Depreciation Expense Repairs ExpenseB. $25.000 $12.000 Manufactunng Overhead Control $37,000 O C. Depreciation Expense Repairs Expense $25.000 $12 000 Cash 537.000 D. : Manufacturing overhead control Accumulated Depreciation Control Cash $25.000 $12.000

Answer 1

Answer:

D. Manufacturing overhead control $37,000 Accumulated Depreciation Control Cash $25.000 $12.000

Explanation:

The journal entry is shown below:

Manufacturing overhead Control $37,000

            To Accumulated depreciation - plant $25,000

            To Cash $12,000

(Being the cash paid is recorded)

For recording this given transaction we debited the manufacturing overhead account and credited the accumulated depreciation and the cash account. So that the proper posting could be done