Manufacturing
Factory Utility Accrual (Electricity/Water)
Recording the actual cost of running the machines for the month.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Manufacturing Overhead (Control) | Expense (+) | 2,500.00 | - |
| Utilities Payable | Liability (+) | - | 2,500.00 |
💡 Accountant's Note
Factory utilities are a component of actual overhead. They are compared against 'Applied Overhead' at month-end.
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