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The Bookkeeper Recorded Wages for the Month as a Debit

Question 10

Multiple Choice

The bookkeeper recorded wages for the month as a debit to the Sales account rather than as a debit to Wages Expense.This error will result in:


A) Overstated profit for the period
B) Understated equity at the end of the period
C) Understated assets at the end of the period
D) No effect on profit of the period

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