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Home Q & A Board Other Fields Homework Help Business Accounting
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upton upton
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7 years ago
A credit to a liability account was posted to the capital account. This would cause:
A) net income to be overstated.
B) liabilities to be understated.
C) owner's equity to be understated.
D) assets to be overstated.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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AugustisAugustis
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7 years ago
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upton Author
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Good timing, thanks!
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This calls for a celebration Person Raising Both Hands in Celebration
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