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A Prepaid Rent account has a debit entry on Jan 1 of 4,000 and a balance on Jan 31 of 3,600. Based on the above

A Prepaid Rent account has a debit entry on Jan 1 of 4,000 and a balance on Jan 31 of 3,600. Based on the above T-Account, the following is the journal entry that would have occurred at the end of the month.

a.

Debit to Rent Expense for $400 and Credit to Prepaid Rent for $400

b.

Debit to Prepaid Rent for $3,600 and Credit to Cash for $3,600

c.

Debit to Prepaid Rent for $3,600 and Credit to Rent Expense for $3,600

d.

Debit to Rent Expense for $3,600 and Credit to Prepaid Rent for $3,600

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