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$14,300 $13,800 $13,400 uestion 22 6 p n June 30, Bianche Company paid $1,500 in advance for 12 months of rent, with the rental period
$14,300 $13,800 $13,400 uestion 22 6 p n June 30, Bianche Company paid $1,500 in advance for 12 months of rent, with the rental period beginning on June 30. This $1,500 was recorded as Prepaid Rent hich ONE of the following will be included in the ADJUSTING ENTRY necessary on December 31? A CREDIT to Rent Expense for $750 A DEBIT to Cash for $750 A CREDIT to Prepaid Rent for $750 A DEBIT to Prepaid Rent for $750 A CREDIT to Cash for $750 A DEBIT to Rent Expense for $1,500 uestion 23 6 pts January 31, Ceramics Company received $2,700 in advance for 12 months of service to be provided, with the service period beginning on January 31. This $2,700 s recorded as Unearned Service Revenue. As of the end of the year, no entry has yet been made to adjust the amount initially recorded. The service is provided enly throughout the year
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