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Author Question: A credit to a liability account was posted to an owner's equity account. This would cause (Read 54 times)

soccerdreamer_17

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on: Nov 10, 2019
A credit to a liability account was posted to an owner's equity account. This would cause
◦ assets to be overstated.
◦ net income to be overstated.
◦ liabilities to be understated.
◦ owner's equity to be understated.
College Accounting: A Practical Approach ¦ Slater, Zwicker ¦ 12th Edition
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Marked as best answer by soccerdreamer_17 on Nov 10, 2019

izzat

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Reply #1 on: Nov 10, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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soccerdreamer_17

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Reply 2 on: Nov 10, 2019
YES! Correct, THANKS for helping me on my review

ryhom

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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