Question
An entry to record the payment to a vendor was correctly recorded and posted to the general ledger but was not posted to the subsidiary
An entry to record the payment to a vendor was correctly recorded and posted to the general ledger but was not posted to the subsidiary ledger. This error would cause __________.
the period's end assets to be understated
the period's end liabilities to be understated
the Accounts Payable to be larger than the subsidiary ledger
the Accounts Payable to be less than the subsidiary ledger
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Cost-Benefit Analysis Concepts and Practice
Authors: Anthony E. Boardman, David H. Greenberg, Aidan R. Vining, David L. Weimer
5th edition
1108401295, 9781108415996, 1108415997, 978-1108401296
