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4 Nichole, the accountant for JP Pte. Ltd. recorded rental income transaction as follows: DR Bank $12,000 CR Rental revenue $12,000 5 pts The rental
4 Nichole, the accountant for JP Pte. Ltd. recorded rental income transaction as follows: DR Bank $12,000 CR Rental revenue $12,000 5 pts The rental revenue covers 1 Apr 20X7 to 31 Mar 20X8 If the company's year-end is 31 Dec 20X7, which of the following is the best adjusting entry to be passed on 31 Dec 20X7? O DR Rental revenue $6,000 CR Unearned rent revenue $6,000 O DR Rental revenue $4,000 CR Unearned rent revenue $4,000 DR Rental revenue CR $3,000 Unearned rent revenue $3,000 O DR Rental revenue CR $8,000 Unearned rent revenue $8,000
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