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29 March, 16:43

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

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  1. 29 March, 20:16
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    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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