If the Debit Amount of an Entry to Record the Purchase

question 12

Multiple Choice

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

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

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Definitions:

Sales Message

A communication designed to persuade or influence a potential buyer to purchase a product or service.

Business Communication

The sharing of information between people within and outside an organization that is performed for the commercial benefit of the organization.

Persuasive Request

A written or verbal communication aimed at convincing someone to agree with a suggestion or idea.

Gain Attention

The act of capturing the focus or interest of an audience or individuals.