Homework Clinic
Social Science Clinic => Accounting => Topic started by: olgavictoria on Feb 18, 2020
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Austin Woods made a cash payment for delivery expenses, but mistakenly recorded it to advertising expense. What effect will this have on the trial balance?
◦ The debit balance will be correct.
◦ The debits will be overstated.
◦ The debits will be understated.
◦ The credit balance will be incorrect.
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The debit balance will be correct.
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thsnk you
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thank you
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Thank you
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Thank you
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Thank you