Final answer:
If the credit entry to record the payment of an account payable is not posted, it can have several impacts on the financial records, including an overstatement of the accounts payable balance and an understatement of the cash balance.
Step-by-step explanation:
If the credit entry to record the payment of an account payable is not posted, it can have several impacts on the financial records. First, the accounts payable balance will be overstated since the payment has not been recorded. This means that the company's liabilities will appear higher than they actually are, leading to inaccurate financial statements. Second, the cash balance will be understated since the payment has not been reflected in the cash account. This can affect the accuracy of the company's cash flow statement. Lastly, if the payment is not recorded, it could result in a misstatement in the income statement, as expenses related to the account payable might not be properly recognized.