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Author Question: Austin Woods made a cash payment for delivery expenses, but mistakenly recorded it to advertising ... (Read 962 times)

olgavictoria

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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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Marked as best answer by olgavictoria on Feb 18, 2020

SAUXC

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