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In Recording Wages for the Month a Bookkeeper Records a Debit

Question 29

Multiple Choice

In recording wages for the month a bookkeeper records a debit entry to the account Sales instead of a debit to Wages Expense.This error will result in:


A) an overstatement of sales for the period.
B) no effect on profit for the period.
C) an understatement of assets at the end of the period.
D) an understatement of equity at the end of the period.

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