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Fast2F Fast2F
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Posts: 1470
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6 years ago
The payment of a cash dividend was recorded as payment to Miscellaneous Expense. This error would cause:
A) the period end net income to be understated.
B) the period end liabilities to be overstated.
C) the period end stockholders' equity to be overstated.
D) Both A and B
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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OmpaOmpa
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6 years ago
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Fast2F Author
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6 years ago
Correcttttt
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