At the end of a period, in an integrated cost and financial accounting system, the accounting entries for overhead over-absorbed would be:
|
A |
DR Profit and loss account |
CR Work-in-progress control account |
|
B |
DR Profit and loss account |
CR Overhead control account |
|
C |
DR Work-in-progress control account |
CR Overhead control account |
|
D |
DR Overhead control account |
CR Profit and loss account |