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  2. Topic
    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 2: Debits and Credits: Analyzing and Recording Business Transactions
  5. Question
    A Debit to a Liability Account Was Posted to a Revenue
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A Debit to a Liability Account Was Posted to a Revenue

Question 163

Question 163

Multiple Choice

A debit to a liability account was posted to a revenue account. This error would cause


A) revenues to be understated.
B) liabilities to be understated.
C) Capital to be overstated.
D) None of the above are correct.

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