A rental company had a valid rental contract with a renter; however, it had not received $1,000 rent at the end of the period. What would the accountant do?

A. Initiate legal proceedings against the renter.

B. Debit Rent Receivable for $1,000, and credit Rental Income for the same amount.

C. Debit Rental Income for $1,000, and credit Rent Receivable for the same amount.

D. None of the above