A credit to an asset account was posted to a liability account. This would cause:

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A credit to an asset account was posted to a liability account. This would cause:

A credit to an asset account was posted to a liability account. This would cause:
A) liabilities to be understated.
B) capital to be overstated.
C) assets to be overstated.
D) revenue to be overstated.

Textbook

College Accounting: A Practical Approach

Edition: 13^th

Author: Slater

Read 92 times

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7 years ago

I wish I would have known about this service with my other classes.

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Augustis

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6 years ago

Happy to help Slight Smile

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