Open the container of premixed patching compound then use a putty knife to fill the hole with the material. The compound starts to dry when exposed to air so work swiftly and close the container when you're finished.
Smooth the wall surface with the putty knife and wipe away any excess patching compound. Let the repair dry overnight.
Sand the repair surface until smooth, using progressively finer grades of sandpaper. Start with relatively coarse, 120-grit sandpaper and finish with 150- to 180-grit paper. The higher the grit number, the finer the sandpaper.
Spread a drop cloth on the floor below the repair area.
Paint the patched hole in a color that matches the surrounding wall.