If the debit part of a journal entry is not posted but the credit part is, assets will always be overstated.

Question

Quizplus · Accepted Answer

Whether assets are overstated depends on the nature of the transaction. If the debit should have increased an asset account and was not posted, the asset would be understated, not overstated. If the debit was meant to decrease an asset and wasn't posted, then the asset could be overstated.

If the Debit Part of a Journal Entry Is Not