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During December 2013, Wave Inn collected $75,000 of cash and recorded the receipt by recognizing unearned revenue. By the end of the month Wave Inn had earned one-third of this amount, the other two-thirds will be earned during January 2014. Question : 42 Debit Unearned Rent Revenue, $25000; Credit Rent Revenue, $25000. Debit Rent Revenue, $25000; Credit Unearned Rent Revenue, $25000. Debit Unearned Rent Revenue, $50000; Credit Rent Revenue, $50000. Snip saved to clipboard Select here to mark up and share the Dobitch 7500.Gradit Hard Dont Duo 7500