The adjusting entry for prepaid rent is
A) debit Income Summary; credit Rent Expense.
B) debit Rent Expense; credit Income Summary.
C) debit Rent Income; credit Prepaid Rent.
D) debit Rent Expense; credit Prepaid Rent.

Question

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The Answer of The adjusting entry for prepaid rent is
A) debit Income Summary; credit Rent Expense.
B) debit Rent Expense; credit Income Summary.
C) debit Rent Income; credit Prepaid Rent.
D) debit Rent Expense; credit Prepaid Rent.

The Adjusting Entry for Prepaid Rent Is