At December 31, the following amounts before adjusting entries (Column 1) and after adjusting entries (Column II) were reported: Initial journal entries to record cash received in advance from renters and cash paid for rent were on the cash basis.

What effect did these adjusting entries have on net income for the year ended December 31?

Select one:

a.

$13 decrease

b.

$19 decrease

c.

$23 decrease

d.

$15 decrease

e.

$6 increase