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Assume that a $300 payment for rent expense was incorrectly debited to repair expense and correctly credited to cash. the journal entry was posted. what would be the correcting …

Assume that a $300 payment for rent expense was incorrectly debited to repair expense and correctly credited to cash. the journal entry was posted. what would be the correcting …
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1 vote
Assume that a $300 payment for rent expense was incorrectly debited to repair expense and correctly credited to cash. the journal entry was posted. what would be the correcting entry?

asked
User Yannik
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8.8k points

1 Answer

5 votes
$300debited to rent expense .it was fixed so you now start over and debit stain
answered
User Ruthie
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9.5k points
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