A debit to a revenue account was posted to an expense account.This would cause:
A)expenses to be overstated.
B)revenue to be overstated.
C)expenses to be understated.
D)None of the above

Question

Quizplus · Accepted Answer

A debit to a revenue account indicates an increase in revenue, but if it is posted to an expense account, it will cause that account to be overstated, leading to an overstatement of expenses.

A Debit to a Revenue Account Was Posted to an Expense