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  2. Topic
    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 2: Debits and Credits: Analyzing and Recording Business Transactions
  5. Question
    A Credit to an Asset Account Was Posted to a Liability
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A Credit to an Asset Account Was Posted to a Liability

Question 9

Question 9

Multiple Choice

A credit to an asset account was posted to a liability account.This error would cause:


A) assets to be understated.
B) liabilities to be overstated.
C) capital to be understated.
D) None of the above are correct.

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