A credit to an asset account was posted to a

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Question 33 of 402.5/ 2.5 PointsA credit to an asset account was posted to a liability account. This would cause __________.A. assets to be understatedB. liabilities to be overstatedC. capital to be overstatedD. revenue to be overstated
Question 34 of 402.5/ 2.5 PointsWhich of the following entries would record the payment of a utility bill?
Question 35 of 402.5/ 2.5 PointsThe general journal __________.
Question 36 of 402.5/ 2.5 PointsA credit to an asset account was posted to a revenue account. This would cause __________.
Question 37 of 402.5/ 2.5 PointsA debit to an expense account was posted to an asset account. This would cause __________.A. assets to be understatedB. liabilities to be understatedC. capital to be understatedD. expenses to be understated
Question 38 of 402.5/ 2.5 PointsThe first step of the accounting cycle is __________.
Question 39 of 402.5/ 2.5 PointsThe posting reference column on the general journal __________.
Question 40 of 402.5/ 2.5 PointsA credit to an asset account was posted to an expense account. This would cause __________.

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