Bonita Real Estate received a check for $26100 on July 1 which represents a 6 month advance payment of rent on a building it rents to a client. Unearned Rent Revenue was credited for the full $26100. Financial statements will be prepared on July 31. Bonita Real Estate should make the following adjusting entry on July 31: O Debit Unearned Rent Revenue, $4350; Credit Rent Revenue, $4350. O Debit Cash, $26100; Credit Rent Revenue, $26100. O Debit Rent Revenue, $4350; Credit Unearned Rent Revenue, $4350. O Debit Unearned Rent Revenue, $26100; Credit Rent Revenue, $26100. M M

Bonita Real Estate received a check for $26100 on July 1 which represents a 6 month advance payment of rent on a building it rents to a client. Unearned Rent Revenue was credited for the full $26100. Financial statements will be prepared on July 31 . Bonita Real Estate should make the following adjusting entry on July 31 : Debit Unearned Rent Revenue, \$4350; Credit Rent Revenue, \$4350, Debit Cash, \$26100; Credit Rent Revenue, \$26100. Debit Rent Revenue, \$4350; Credit Unearned Rent Revenue, $4350 Debit Unearned Rent Revenue, \$26100; Credit Rent Revenue, \$26100