What correction journal entry will framber


At the end of 2013, Framber company received $8,000 as a prepayment for renting a building to a tenant during 2014. the company erroneously recoded the transaction by debiting cash and crediting rent revenue in 2013 instead of 2014. upon discovery of this error in 2014, what correction journal entry will Framber?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What correction journal entry will framber
Reference No:- TGS0700575

Expected delivery within 24 Hours