mrsclnantambu2115 mrsclnantambu2115
  • 03-02-2020
  • Business
contestada

If the credit to record the payment of an account payable is not​ posted, what does it mean?

Respuesta :

zuwairahdahir
zuwairahdahir zuwairahdahir
  • 05-02-2020

Answer:

It means the cash is overstated.

Explanation:

An overstated balance is an account balance that is claimed to have a larger balance than would be the case. The overstated cash is present in the account.

Answer Link

Otras preguntas

write two expressions where the solution is 41.
What does confidence mean
Which best describes a centromere?
why is frying an egg an example of a chemical change? A- atoms are lost during the reaction as bonds are broken. B- atoms are gained during the reaction as new
What were the two basic causes of the Dust Bowl during the early 1930s? strip mining and toxic chemical dumping over farming and drought urban sprawl and overpo
During the process of the reformation of rock, what amount of pre-existing rock remains the same as its form changes?
Which term best describes a Supreme Court that demonstrates a willingness to change public policy by not hesitating to overturn laws made by Congress or by the
why is south asia land likely to have earthquakes
Why do firms try to avoid competition? They can set prices higher and earn greater profits. They can reduce production costs and earn higher profits. They can a
I really need help with these three questions PLUS 32 PONITS NaOH + HCl → NaCl + H2O 1.State, in words, what is happening in the equation. (Example for a d