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Honey Brown Inc. paid six months' rent in advance totalling $9,000. At the end of the first month, the adjusting entry would include a: A.

Honey Brown Inc. paid six months' rent in advance totalling $9,000. At the end of the first month, the adjusting entry would include a:

A.

debit to Rent Expense for $7,500

B.

debit to Prepaid Rent for $7,500

C.

debit to Rent Expense for $1,500

D.

debit to Prepaid Rent for $1,500

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