[Solved] Pine Corporation makes adjusting entries monthly. As of March 31, the general ledger shows Prepaid Rent to have a debit balance of $6,000. Rent expires at a rate of $1,200 per month. No entry for rent has been recorded in the month of March. What adjusting entry is necessary at March 31? A) Prepaid Rent 500 Cash 500 B) Rent Expense 1,200 Cash 1,200 D) Prepaid Rent 6,000 Rent Expense 6,000 Affirmative Disclosure: The requirement for parties, especially in commercial transactions, to proactively share relevant information, rather than merely avoiding falsehoods. FTC: The Federal Trade Commission, a United States government agency established to protect consumers and ensure a strong competitive market by enforcing antitrust and consumer protection laws. TV Advertisements: Commercial messages aired on television, designed to promote the sale of products or services to viewers. Controlling the Assault of Non-Solicited Pornography and Marketing Act: A United States law enacted to address and regulate the problem of unwanted email spam by setting standards for the sending of commercial emails.