Solved

A Debit to a Liability Account Was Posted to a Revenue

Question 56

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.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions