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    College Accounting Study Set 2
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    Exam 3: Beginning the Accounting Cycle
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    A Credit to a Liability Account Was Posted to a Revenue
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A Credit to a Liability Account Was Posted to a Revenue

Question 115

Question 115

Multiple Choice

A credit to a Liability account was posted to a Revenue account. This would cause:


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

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