angela

Questions

Newest questions posted by angela
  1. Accounts

    A debit to a liability account was posted to the capital account. This error would cause __________. options: assets to be overstated liabilities to be overstated capital to be overstated None of the above answers are correct. C
  2. Accounts

    The business incurred an expense and paid it immediately. To record this __________. Question 39 options: an expense is debited and a liability is credited an expense is debited and an asset is credited an expense is debited and Capital is credited None of
  3. Accounts

    Which of the following errors would cause the trial balance to be out of balance? An entry is posted twice. An entry is not posted at all. A debit is entered as $200 and the credit is entered at $2,000. None of the above answers are correct. D
  4. Accounts

    The journal entry to record a withdrawal by the owner would most commonly include _________ options: a debit to Wage Expense and a credit to Cash a debit to Capital and a credit to Cash a debit to Withdrawals and a credit to Cash a debit to Cash and a
  5. Accounts

    A debit increases the balance in all of the following accounts, except __________. options: cash withdrawals expenses accounts payable An - cash

Responses

Newest responses posted by angela
  1. Accounts

    A credit to an asset account was posted to a liability account. This error would cause __________. Question options: assets to be understated liabilities to be overstated capital to be understated None of the above answers are correct. An- A
  2. Accounts

    Yeah B
  3. Accounts

    but Miss Sue Income statement. Presents the revenues, expenses, and profits/losses generated during the reporting period. ...
  4. Accounts

    So it is D
  5. micro econ

    A