How will the payment of rent of $1,500 for the current month be recorded in double-entry accounting? Select a Choice Below current question choices OptionA Debit Rent Expense by $1,500; credit Cash by $1,500. OptionB Debit Rent Paid in Advance by $1,500; credit Rent expense by $1,500. OptionC Debit Cash by $1,500; credit Rent Paid in Advance by $1,500. OptionD Debit Rent Expense by $1,500; credit Rent Paid in Advance by $1,5