Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 307 Weeks Ago, 4 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 29 Jul 2017 My Price 2.00

Accounts Payable.

Merchandise sold on credit was returned for credit and recorded with a debit to Sales and a credit to Accounts Payable. This error will cause: A) the net income for the period to be overstated B) the assets to be overstated C) the net income for the period to be understated D) the control account to not agree with the subsidiary ledger Please EXPLAIN your answer!

Answers

(5)
Status NEW Posted 29 Jul 2017 09:07 AM My Price 2.00

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