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On January 1 of the current year, Bambi Company paid $2,400 in rent to cover six months (January - June). Bambi recorded this transaction as follows: (Click the icon to view the transaction.) Bambi's adjusting entry at the end of February included a debit to Rent Expense in the amount of $400. What effect does the adjusting entry have on Bambi's net income for February? - X Data table Journal Entry Date Debit O A. Net income will decrease by $800. OB. Net income will increase by $400. OC. Net income will increase by $800. OD. Net income will decrease by $400. Jan 1 Prepaid Rent Cash Accounts Print Done 2,400 Credit 2,400