At the end of the year, Jackson Tank Company's accounts showed a $118,800 credit balance in Manufacturing Overhead Control. In addition, the company had the following account balances Work in Process Inventory $691,200 Finished Goods inventory 172.800 Cost of Goods Sold 1296,000 a. Prepare the necessary journal entry to close the overhead account if the balance is considered immaterial Account Debit Credit b. Prepare the necessary journal entry to close the overhead account if the balance is considered material Note: Ust credit accounts in alphabetical order by account name Account Debit Credit Underapplied or Overapplied Overhead At the end of the year, Jackson Tank Company's accounts showed a $118,800 credit balance in Manu Work in Process Inventory $691,200 Finished Goods Inventory Cost of Goods Sold 172,800 1,296,000 a. Prepare the necessary journal entry to close the overhead account if the balance is considered im Account Debit Credit 0 0 0 b. Prepare the necessary journal entry to close the overhead account if the balance is considered ma Note: List credit accounts in alphabetical order by account name. Account Debit Credit 4 0 0 0 0 0 0 0 0