Business, 17.04.2020 16:21 astultz309459

On December 31, Winters Company's Prepaid Rent account had a balance before adjustment of $6,000. Three months' rent was paid in advance on December 1, the first day of the lease term. The adjusting entry needed on December 31 is:

A. Debit Prepaid Rent $6000, credi Cash $6.000
B. Debit pent Expense $2000, credit Accounts Payable 32000
C. Debit Rent Espense $2000 credit Plepaid Rent $2000

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On December 31, Winters Company's Prepaid Rent account had a balance before adjustment of $6,000. Th...