Declaration of a cash dividend was recorded by debiting Operations Expense and c

label Accounting
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

Declaration of a cash dividend was recorded by debiting Operations Expense and crediting Cash. This error would cause __________.

A. the period’s end assets to be overstated

B. the period’s end liabilities to be overstated

Feb 5th, 2015

A. the period’s end assets to be overstated

Feb 5th, 2015

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Feb 5th, 2015
Jun 25th, 2017
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