Your factory manager just received a big bonus check. Unfortunately, all you get is to record the entry:
18) Your factory manager just received a big bonus check. Unfortunately, all you get is to record the entry:
DEBIT: Bonus Expense / CREDIT: Wages Payable
DEBIT: Factory Overhead / CREDIT: Wages Payable
DEBIT: Wages Payable / CREDIT: Factory Overhead
DEBIT: WiP Inventory / CREDIT: Wages Payable
