If the Credit Amount of an Entry to Record the Purchase

question 90

Multiple Choice

If the credit amount of an entry to record the purchase of supplies on account was not posted:

• A)liabilities would be unaffected.
• B)assets would be understated.
• C)owner's equity would be understated.
• D)liabilities would be understated.

---

Definitions:

Service Blueprinting

A tool used in service design to visualize the service process, points of customer contact, and the physical evidence of a service from a customer's perspective.

Provider's Interaction

The engagement and communication between a service provider and their clients or customers, often critical to service delivery and satisfaction.

Customer

An individual or organization that purchases goods or services from a business.