John Deere is an American manufacturer of agricultural, construction, and forestry machinery, On July 1, 2021, John Deere paid $18,000 for rent covering 18 months from July 2021 through December 2022. What adjusting entry should John Deere record on December 31, 2021? Multiple Choice Debit Rent Expense and credit Prepaid Rent for $6,000 Debit Rent Expense and credit Prepaid Rent for $18,000 Debit Prepaid Rent and credit Rent Expense for $6,000. Debit Rent Expense and credit Cash for $18,000