A Debit to the Accounts Receivable Account Was Posted to an Expenses

question 46

Multiple Choice

A debit to the Accounts Receivable account was posted to an Expenses account. This would cause:

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

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Definitions:

Mental Images

Representations in the mind of an object or scene that are not currently being perceived, they can involve any of the senses.

Person's Consciousness

Refers to an individual's awareness of their own thoughts, feelings, sensations, and environment.

Free-Floating Anxiety

Chronic and persistent feelings of anxiety that are not clearly attached to a specific, identifiable threat.

Specific Anxiety

A type of anxiety disorder that is triggered by specific situations or objects.