utsstudent12
New Member
- Joined
- Mar 29, 2015
- Messages
- 11
- Gender
- Female
- HSC
- 2011
Hi just have a quick question regarding an accounting end-of-month adjustment.
What is the adjustment if the prepaid rent at the start of the month was accidentally charged to rent expense during the month.
Is it debit rent expense and credit prepaid rent?
What is the adjustment if the prepaid rent at the start of the month was accidentally charged to rent expense during the month.
Is it debit rent expense and credit prepaid rent?