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A debit to an expense account was posted to a revenue account. This error would cause __________. A. assets to be overstated B. liabilities to be overstated C. revenue to be understated D. None of the above answers are correct.
A debit to an expense account was posted to a revenue account. This error would cause REVENUE TO BE UNDERSTATED.
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Asked 8/2/2016 9:38:39 AM
Updated 8/2/2016 10:34:40 AM
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Edited by jeifunk [8/2/2016 9:55:16 AM]
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A debit to an expense account was posted to a revenue account. This error would cause REVENUE TO BE UNDERSTATED.

Added 8/2/2016 10:34:40 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [8/2/2016 8:33:32 PM]
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