Tim Received $3,000 in Advance for Renting Part of His

question 19

Multiple Choice

Tim received $3,000 in advance for renting part of his building for 4 months. What is the entry to record the adjustment after one month has passed?

• A) Debit Cash; credit Rental Income
• B) Debit Cash; credit Unearned Rent Revenue
• C) Debit Unearned Rent, credit Rental Income
• D) Debit Unearned Rent, credit Cash

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Definitions:

Insecure Pattern

A behavioral tendency characterized by a lack of confidence or assurance, affecting one's interactions and relationships.

Security Through Relationships

The concept that creating and maintaining strong interpersonal connections can enhance security in various contexts.

Counterdependence

Refers to a psychological resistance to depending on others, often manifesting in a strong desire to act independently and reject assistance.

Personality Hardiness

A trait characterized by resilience and the ability to endure stressful situations with a positive attitude.