The Payroll Officer Recorded Wages for the Month as a Debit

question 27

Multiple Choice

The payroll officer recorded wages for the month as a debit to the Sales account rather
Than as a debit to wages expense. This error will result in:

• A) understated liabilities at the end of the period.
• B) overstated expenses at the end of the period.
• C) overstated profit for the period.
• D) no effect on profit of the period.

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A psychoactive drug from the Cannabis plant intended for medical or recreational use.

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A powerful stimulant drug derived from the leaves of the coca plant, mainly used recreationally for its euphoric effects.

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