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Error 13 In 20X2 Motown consumed some of their prepaid supplies and inadvertently credited Cash The entry was recorded income $ 15,000 Amount of prepaid

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Error 13 In 20X2 Motown consumed some of their prepaid supplies and inadvertently credited Cash The entry was recorded income $ 15,000 Amount of prepaid supplies consumed in 20x2 Error discovered in 20x2 before the books are closed. IGNORE INCOME TAXES. Original entry was as follows in 20x2: Supplies Expense Cash $ 15,000 mould have happened: D.R. Prepaid Supplies 15000 C.R. carn 16000 $ 15,000 16.) The 20x2 required correcting journal entry has what impact on Cash? A Increase B. Decrease C. No impact

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