A Debit to an Asset Account Was Posted to a Liability

question 14

Multiple Choice

A debit to an asset account was posted to a liability account. This error would cause

• A) assets to be understated.
• B) liabilities to be overstated.
• C) Capital to be overstated.
• D) None of the above are correct.

---

Definitions:

Desire, Arousal

Components of sexual response that include the psychological longing for sexual activity and the physiological preparation of the body for sexual engagement.

Male Hypoactive Sexual Desire Disorder

A condition characterized by persistently low or absent sexual desire or fantasies in men, which cannot be explained by other medical conditions or drugs.

Heterosexual Man

A man who is sexually attracted exclusively to individuals of the opposite sex.

Uninterested in Sex

A state or condition where an individual lacks desire or does not feel like engaging in sexual activities.