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03-02-2020
Business

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

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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.

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