Suppose for the company Bihns Bins, you had the following transaction: Purchase Invoice #DE-67113 Dated May 7, 2023 From Devon Equipment Co., $600 plus $15 GST for renting a demolition chute that slides debris directly into a garbage bin. Invoice total $630. Terms: net 30 days. After posting the above transaction, you realize that you captured it as an asset, in account 1560 Dumpsters, so it should be charged to the dumpster rental expense account, account 5120. What would be the correct journal entry for this transaction and which function would you use to update the transaction in Sage? Why is it important to make the correction? (Provide two reasons for the importance of making the correction.)