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Roy & Co. purchased a vehicle from Happy Honda for $45,000 on credit. The accountant carelessly debited Machinery Account and credited AP Account. As a

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Roy & Co. purchased a vehicle from Happy Honda for $45,000 on credit. The accountant carelessly debited Machinery Account and credited AP Account. As a result :- (a) AP was understated and vehicle was overstated (b) Vehicle was understated and Machinery was overstated (c) AP was overstated and Machinery was understated (d) There was no over or understatement Select one: a. There was no over or understatement b. AP was understated and vehicle was overstated c. Vehicle was understated and Machinery was overstated O d. AP was overstated and Machinery was understated

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