An Entry to Record the Payment to a Vendor Was

question 114

Multiple Choice

An entry to record the payment to a vendor was correctly recorded and posted to the general ledger but was not posted to the subsidiary ledger.This error would cause:

• A)the period end assets to be understated.
• B)the period end liabilities to be understated
• C)the Accounts Payable will be larger than the subsidiary ledger.
• D)the Accounts Payable will be less than the subsidiary ledger.

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