A company's manager received a check for $24,000 on July 1, which represents a 12-month advance payment of rent on a restaurant it rents to a client. Unearned Rent was credited for the full $24,000. Financial statements will be prepared on July 31. The management should make the following adjusting entry on July 31: a. Debit Uneamed Rent, $2,000; Credit Rent Revenue $2,000. O b. Debit Cash $12,000 Credit Rent Revenue, $12,000. c Debit Rent Revenue, $2,000 Credit Unearned Rent, $2,000 d. Debit Unearned Rent $12,000, Credit Rent Revenue, $12,000