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    College Accounting Study Set 1
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    Exam 3: Beginning the Accounting Cycle
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    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 14

Question 14

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 overstated.
C) owner's equity to be overstated.
D) expenses to be understated.

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