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allins received a check for $30,000 on July 1 which represents a 6 month advance payment of nt on a building it rents to a

allins received a check for $30,000 on July 1 which represents a 6 month advance payment of nt on a building it rents to a client. Unearned Rent Revenue was credited for the full $30,000. nancial statements will be prepared on July 31. Sullins should make the following adjusting entry n July 31: Select one: O O a. Debit Unearned Rent Revenue, $5,000; Credit Rent Revenue, $5,000 b. Debit Rent Revenue, $5,000; Credit Unearned Rent Revenue, $5,000. c. Debit Unearned Rent Revenue, $30,000; Credit Rent Revenue, $30,000. d. Debit Cash, $30,000; Credit Rent Revenue, $30,000

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