i need help with these 2 questions. thank you

Market of Choice leased some idle space to a local bookstore for one year. Market of Choice received $12,000 representing the first six months' rent. If you prepare journal entries for this transaction, what is credited? O Rent Revenue $12,000 O Deferred rent revenue $12.000 Retained earnings $12.000 Accounts payable $12,000 D Question 2 4 pts We learned that R&D expenditures that are internally incurred are not recognized as an intangible asset (R&D) under current accounting standards. Which of the following is more likely to be a reason for this accounting treatment? Internally incurred R&D expenditures do not provide information that is relevant to financial statement users' decisions Internally incurred R&D expenditures do not meet the criteria of an asset under the Conceptual Framework Internally incurred R&D expenditures do not contain predictive value The value of an intangible asset (R&D) cannot be measured reliably