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Home Q & A Board Other Fields Homework Help Business Accounting
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Fast2F Fast2F
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6 years ago
A credit to an asset account was posted as a credit to the Capital account. This error would cause:
A) liabilities to be overstated.
B) assets to be overstated.
C) capital to be understated.
D) Both A and C are correct.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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LaffioLaffio
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6 years ago
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Fast2F Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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