Which of the Following Would Be the Effect of a Transaction

question 47

Multiple Choice

Which of the following would be the effect of a transaction to record the portion of prepaid rent that has expired in a period?

• A)increase Prepaid Rent,decrease Rent Expense
• B)increase Rent Expense,decrease Cash
• C)increase Prepaid Rent,decrease Cash
• D)increase Rent Expense,decrease Prepaid Rent

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Definitions:

Levorotatory

Relating to a substance that rotates the plane of polarized light to the left.

Optical Activity

The ability of a molecule to rotate plane-polarized light, a property used to distinguish between enantiomers in stereochemistry.

Enantiomers

Molecules that are mirror images of each other but cannot be superimposed upon one another, similar to left and right hands.

Polarimeter Tube

A component of a polarimeter used to measure the rotation of polarized light as it passes through an optically active substance.