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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 a Liability Account Was Posted to an Expense
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A Debit to a Liability Account Was Posted to an Expense

Question 7

Question 7

Multiple Choice

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


A) assets to be overstated.
B) liabilities to be understated.
C) owner's equity to be overstated.
D) expenses to be overstated.

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