Inbox - christopher brendelus hsbc.com - Outlook Tell me what you want to do... Units 6 X file:///C:/Users/45075208/AppData/local/Microsoft Windows/iNetCache/Content Outlook/3PIGOUPB/Practice%20E 5) An apartment owner who uses the accrual method of accounting usually collects rent from tenants at the beginning of a month. Some payments are received prior to the beginning of the month for which they apply. At the beginning of a month, unearned rent (i.e., rent received in advance of being earned) amounted to $500. During the month, rent payments of $8,000 were collected from tenants. If the balance in the unearned rent account was $300 at the end of the month, rent earned (i.e., rent recognized as revenue) during the month amounted to: A) $7,500 B) S7,800 C) S8, 2000 D) S8.300 E) $8.500 e inbox-christopher brendoldus habccom - Outlook Tell me what you want to do nits 6 X + file:///C:/Users/45075208/AppData/local/Microsoft Windows/INetCache/Content.Outlook/3PIGOUPB/Practice%20E * An apartment owner who uses the accrual method of accounting usually collects rent from tenants at the beginning of a month. Some payments are received prior to the beginning of the month for which they apply. At the beginning of a month, unearned rent (i.e., rent received in advance of being earned) amounted to $500. During the month, rent payments of $8,000 were collected from tenants. If the balance in the unearned rent account was $300 at the end of the month, rent earned (i.e., rent recognized as revenue) during the month amounted to: A) $7,500 B) $7.800 C) $8.200 D) $8,300 E) $8,500