Closing Overapplied or Underapplied Manufacturing Overhead. Prepare the necessary general journal entry to close the Overapplied or

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Closing Overapplied or Underapplied Manufacturing Overhead. Prepare the necessary general journal entry to close the Overapplied or Underapplied Manufacturing Overhead account under each of the following assumptions:

a. The Overapplied or Underapplied Manufacturing Overhead account has a debit balance of $1,830.46.

b. The Overapplied or Underapplied Manufacturing Overhead account has a credit balance of $1,057.28.

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