Williams Enterprises Prepaid Six Months of Office Rent Totaling $9,000

question 108

Multiple Choice

Williams Enterprises prepaid six months of office rent totaling $9,000 on October 1,2017.Assuming Williams records deferred expenses using the alternative treatment,what would be the entry on October 1,2017?

• A)Debit Prepaid Rent and credit Cash for $9,000
• B)No entry is needed until the expense is incurred
• C)Debit Cash and credit Unearned Rent for $9,000
• D)Debit Rent Expense and credit Cash for $9,000

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