EK 15-20/12-26/12' Somerset Leasing received OR12,000 for 24 months rent in advance. How should Somerset record this transaction? Select one: O a. Prepaid Rent 12,000 Rent expense 12,000 Ob. Interest expense 12,0000 Interest payable 12,000 Oc. Cash 12,000 Unearned revenue 12,000 Od. Bad debt expense 12,000 Allowance for uncollectible Accounts 12,000