The following extract was taken from the worksheet of Dutch, Inc. for the year 2016
Dutch, Inc
Worksheet
December 31, 2016
Account Names
Prepaid Rent
Rent Expense
Depreciation Expense - Equipment
Office Supplies Unadjusted Trial Balance
Debit Credit
1,200
800
2,000 Adjusted Trial Balance
Debit Credit
0
2,000
1,500
750
From the above information, determine the amount of the Rent Expense adjustment.
What will be an ideal response
A
Rent Expense = $2,000 - $800 = $1,200
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