If the Credit Amount of an Entry to Record the Payment

Multiple Choice

If the credit amount of an entry to record the payment of salaries was not posted,:

A) assets would be overstated and owners' equity would be overstated.
B) there would be no effect on stockholders' equity.
C) expenses would be understated and owners' equity would be understated.
D) liabilities would be understated and owners' equity would be overstated.