Accounts Payable - Accounting

Accounting
Tutor: None Selected Time limit: 1 Day

 The return of merchandise was recorded as a debit to Accounts Payable and a credit to  Purchases. This error would cause:

a. the period end assets to be understated

b. the period end liabilities to be understated

c. the period’s net income to be understated

d. None of the above.

May 15th, 2015

option cis the answer :) go for it !

May 15th, 2015

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May 15th, 2015
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May 15th, 2015
Dec 5th, 2016
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