At the end of the accounting period, Chastain Company had underapplied overhead by $5,000. The journal entry to record this transaction is debit Manufacturing Overhead $5,000; credit Cost of Goods Sold $5,000 debit Cost of Goods Sold $5,000; credit Manufacturing Overhead $5,000 debit Manufacturing Overhead $5,000; credit Accounts Payable $5,000 debit Accounts Payable $5,000; credit Manufacturing Overhead $5,000