In the Excel,or spreadsheet,approach to recording financial transactions,factory utility costs paid in cash are recorded as a decrease in the Cash column and as an increase in the Manufacturing Overhead column.

Question

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Factory utility costs paid in cash are considered an expense for the manufacturer and are recorded as an increase in the Manufacturing Overhead column and a decrease in the Cash column.

In the Excel,or Spreadsheet,approach to Recording Financial Transactions,factory Utility Costs