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If a $47 Cash Purchase of Supplies Is Recorded as a $57

Question 10

Multiple Choice

If a $47 cash purchase of supplies is recorded as a $57 debit to Supplies Expense and a $57 credit to Cash, the result will be that


A) the trial balance will be out of balance.
B) the Supplies Expense account will be understated.
C) the Cash account will be overstated.
D) Supplies Expense will be overstated and Supplies will be understated.
E) none of these will be true.

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