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upton upton
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Posts: 942
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7 years ago
The entry to establish the petty cash fund debited Misc. Expense. This would cause:
A) expenses to be understated.
B) expenses to be overstated.
C) revenues to be overstated.
D) revenues to be understated.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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OmpaOmpa
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7 years ago
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upton Author
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7 years ago
Correct Slight Smile TY
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Yesterday
Good timing, thanks!
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2 hours ago
Thanks for your help!!
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