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The Payroll Officer Recorded Wages for the Month as a Debit

Question 27

Multiple Choice

The payroll officer 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) understated liabilities at the end of the period.
B) overstated expenses at the end of the period.
C) overstated profit for the period.
D) no effect on profit of the period.

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