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During the current financial year, Omega Finance Enterprises pays $1,200 on account to a creditor. The accountant debited Rent Expense for $1,200 and credited Cash

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During the current financial year, Omega Finance Enterprises pays $1,200 on account to a creditor. The accountant debited Rent Expense for $1,200 and credited Cash for $1,200. This entry in the journal results in: Select one: a, the understatement of revenue O b, the understatement of Cash. O c. the overstatement of revenue. O d, the overstatement of Cas O e. the understatement of total liabilities. h

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