Accounting Errors You have discovered an error in which the tenant has incorrectly recorded as rent expense

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Accounting Errors You have discovered an error in which the tenant has "incorrectly" recorded as rent expense a $3,000 payment made on December 1 for rent for the months of December and January. As a young auditor you are not sure whether this must be corrected. You think it is a self-correcting error. What are the issues you should consider?

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Introduction To Financial Accounting

ISBN: 0131479725

9th Edition

Authors: Charles T Horngren, John A Elliott

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