for b, why not debit 1500, credit 1500 ? why choose Rent Revenue and Unearned Revenue as Accounts?

Assume BAMA, Inc. prepares financial statements at the end of the year on December 31. That is, BAMA, Inc is a calendar year company. Prepare the necessary adjusting entries as of December 31 in the general journal provided. Use only one line per account title and dollar amount. a. The weekly (five-day) payroll of BAMA, Inc. amounts to $4,000. All employees are paid at the close of business each Friday. December 31 falls on a Wednesday. $4,000 5 days = $800 per day limes 3 days = $2, 400 b. On April 1, BAMA, Inc. received $60,000 in advance for a three-year rental of land and credited Rent Revenue. The correct December 31 adjusting entry would be: (BE CAREFUL) BAMA overstated revenue for the year by crediting the revenue account. Therefore, BAMA needs to adjust the revenue account for the amount of revenue earned during the year. $60,000 3 years is $20,000 per year or $1, 666.67 per month. BAMA earned 9 months worth of revenue (April 1 to December 31) or $15,000 ($1, 666.67 times 9 mos). The revenue account has a credit balance of $60,000 before the adjustment and should have a $15,000 balance after the adjustment. The above adjusted journal entry is needed. Another way to calculate is take 60,000 * 9/36 = 15,000 earned by December 31. c. On October 1, BAMA, Inc. borrowed $40,000 from the bank at 8% due in full in one-year. The interest on the note is due at maturity