Joe Received $4,000 in Advance for Renting Part of His

question 93

Multiple Choice

Joe received $4,000 in advance for renting part of his building. What is the entry to record the receipt of payment?

• A) Debit Cash; credit Rent Expense
• B) Debit Cash; credit Prepaid Rent
• C) Debit Cash; credit Unearned Rent
• D) Debit Cash; credit Rental Income

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Definitions:

Well-balanced Diet

A well-balanced diet consists of the proper variety and proportion of nutrients needed to maintain health and well-being, including a mix of proteins, carbohydrates, fats, vitamins, and minerals.

Extremely-Low Birthweight

Refers to newborns who weigh less than 1000 grams (about 2.2 pounds) at birth, often associated with premature birth and requiring specialized medical care.

Grams

A metric unit of mass equal to one thousandth of a kilogram.

Alleles

Different forms of a gene that exist for a particular trait, where variation can lead to differences in the expressed features of organisms.