Question 16 View Policies Current Attempt in Progress At December 31, balances in Manufacturing Overhead are Cullumber Company-debit $1,610, Ivanhoe Company-credit $970. Prepare the adjusting entry for each company at December 31, assuming the adjustment is made to cost of goods sold. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Cullumber Company Dec. 31 Ivanhoe Company Dec. 31