A debit to prepaid rent of $1,000 was incorrectly reported as a debit to rent expense.Will the unadjusted trial balance still balance? If not,will debits be greater than credits or credits greater than debits? What is the resulting impact on net profit margin?

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The Answer of A debit to prepaid rent of $1,000 was incorrectly reported as a debit to rent expense.Will the unadjusted trial balance still balance? If not,will debits be greater than credits or credits greater than debits? What is the resulting impact on net profit margin?

A Debit to Prepaid Rent of $1,000 Was Incorrectly Reported