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  2. Topic
    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 3: Beginning the Accounting Cycle: Journalizing, Posting, and the Trial Balance
  5. Question
    A Debit to an Expense Account Was Posted to an Asset
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A Debit to an Expense Account Was Posted to an Asset

Question 116

Question 116

Multiple Choice

A debit to an expense account was posted to an asset account. This would cause


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

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