A debit to a liability account was posted to an expense account.This would cause:
A)assets to be overstated.
B)liabilities to be overstated.
C)owner's equity to be overstated.
D)expenses to be understated.

Question

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The Answer of A debit to a liability account was posted to an expense account.This would cause:
A)assets to be overstated.
B)liabilities to be overstated.
C)owner's equity to be overstated.
D)expenses to be understated.

A Debit to a Liability Account Was Posted to an Expense