If the amount of materials on hand at the end of the period is less than the control account balance, the control account balance should be decreased by the following entry:

Group of answer choices

Debit $-$ Materials

Credit $-$ Factory Overhead

Debit $-$ Factory Overhead

Credit $-$ Materials

Debit $-$ Work in Process

Credit $-$ Materials

Debit $-$ Materials

Credit $-$ Work in Process

$1.$ The receiving clerk checks the quantity and quality of incoming materials.

$2.$ The purchasing agent issue the purchase order to the vendor.

$3.$ The production floor supervisor issues a materials requisition.

$4.$ The storeroom clerk issues a purchase requisition.

In which order would these events typically happen?