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Larry's Leasing Inc. received $12,000 cash for six months of rent from a tenant on October 1,2022 . The entry at December 31,2022 to adjust
Larry's Leasing Inc. received $12,000 cash for six months of rent from a tenant on October 1,2022 . The entry at December 31,2022 to adjust for this transaction would include: a. a debit to deferred rent revenue for $6,000 b. a debit to rent revenue of $6,000 c. a credit to prepaid rent for $6,000 d. a credit to deferred rent revenue for $2,000
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