Introduction to Accounting

Accounting
Tutor: None Selected Time limit: 1 Day

74: The return of merchandise was recorded as a debit to Accounts Payable and a credit to purchases.

error caused:

a.  period-end assets to be understated

b.  period end liabilities to be understated

c.  periods net income to be understated

c. NONE

Mar 7th, 2015

c. NONE

Mar 7th, 2015

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