A Debit to a Liability Account Was Posted to an Expense

question 14

Multiple Choice

A debit to a liability account was posted to an expense account.This would cause:

• A)assets to be overstated.
• B)liabilities to be overstated.
• C)owner's equity to be overstated.
• D)expenses to be understated.

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Definitions:

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Response Options

The set of choices provided to respondents in a survey or questionnaire, enabling them to express their opinion, preference, or feedback on a given question.

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