The Adjusting Entry for Rent Earned That Was Previously Recorded

question 170

Multiple Choice

The adjusting entry for rent earned that was previously recorded in the unearned rent account is

• A) debit Unearned Rent; credit Rent Revenue
• B) debit Rent Revenue; credit Unearned Rent
• C) debit Unearned Rent; credit Prepaid Rent
• D) debit Rent Expense; credit Unearned Rent

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