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More info a. Mary recorded an $850 rent payment by debiting Rent expense for $85 and crediting Cash for $85 b. In recording a
More info a. Mary recorded an $850 rent payment by debiting Rent expense for $85 and crediting Cash for $85 b. In recording a $1,000 payment on account, Mary debited Accounts receivable and credited Cash. c. Mary recorded the receipt of cash for service revenue by debiting Cash for $970 instead of the correct amount of $790. Mary also credited Service revenue for $970, the incorrect amount d. Mary recorded a $400 purchase of supplies on account by debiting Accounts payable and crediting Supplies. e. In preparing the trial balance, Mary omitted a $40,000 note payable Print Done expense 765 Too low
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