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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 the Capital Account Was Posted to an Expense
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A Debit to the Capital Account Was Posted to an Expense

Question 100

Question 100

Multiple Choice

A debit to the Capital account was posted to an expense account. This would cause


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

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