A Credit to an Asset Account Was Posted to an Expense

question 81

Multiple Choice

A credit to an asset account was posted to an expense account. This would cause

• A) assets to be overstated.
• B) liabilities to be understated.
• C) capital to be understated.
• D) expenses to be overstated.

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Definitions:

Epinephrine

Hormone (amino acid derivative) similar in structure to the neurotransmitter norepinephrine; major hormone released from the adrenal medulla; increases cardiac output and blood glucose levels; also called adrenaline.

Coronary Blood Vessels

Arteries and veins that provide blood supply to the heart muscle.

Venous Blood

Blood that is returning to the heart through veins after having circulated through the body, characterized by its dark red color due to lower oxygen content.

Sympathetic Stimulation

Activation of the sympathetic nervous system, resulting in physiological responses such as increased heart rate and blood flow to muscles.