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Bertrand Inc. purchased some shop equipment for $5,400 in cash. By mistake, the journal entry debited the Office Equipment account rather than the Shop Equipment
Bertrand Inc. purchased some shop equipment for $5,400 in cash. By mistake, the journal entry debited the Office Equipment account rather than the Shop Equipment account. What correcting entry would be necessary?
Multiple Choice
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Debit Cash $5,400; credit Shop Equipment $5,400
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Debit Office Equipment $5,400; credit Shop Equipment $5,400
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Debit Office Equipment $5,400; credit Cash $5,400
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Debit Shop Equipment $5,400; credit Office Equipment $5,400
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