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Done 2. If an Acco untant adjusts a Prepaid Rent Account for $5, 200 for the expiration of the Prepaid Rent, how would this transaction

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Done 2. If an Acco untant adjusts a Prepaid Rent Account for $5, 200 for the expiration of the Prepaid Rent, how would this transaction be done in the Journal? a. Debit Rent Revenue for $5,200 and Credit Unearned Rent Revenue for $5,200. b. Debit Prepaid Rent for $5,200 and Credit Rent Revenue for $5,200. c. Debit Unearned Rent Revenue for $5,200 and Credit Prepaid Rent for $5,200. d. Debit Rent Expense for $5,200 and Credit Prepaid Rent for $5.200 e. None of the above answers is correct. Which of the following accounts will be closed at year-end? a. Cash and Capital Accounts. b. Accounts Payable and Supplies. Service Revenue and Depreciation Expense d. Accounts Receivable and Prepaid Insurance. .None of the above answers is correct

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