Case Two Complete the following purchase in the General Journal: Purchase Invoice #DE-67113 Dated May 7, 2017 From Devon Equipment Co., $300 for power tools plus $15 GST. Invoice total $315. Terms: net 30 days. After posting the above transaction, you realize that the equipment was rented instea of purchased, so it should be charged to the equipment rental expense account. Make the corrections necessary to reflect this expense accurately. Why is it important to make the correction? What if another expense account were us as the original incorrect account so that the income would not change on the income statement? Would it still be necessary to make the correction? Why