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Lopez Company received $6,400 on April 1, 2017 for one year's rent in advance and recorded the transaction with a credit to Unearned Rent. The

Lopez Company received $6,400 on April 1, 2017 for one year's rent in advance and recorded the transaction with a credit to Unearned Rent. The December 31, 2017 adjusting entry is:

Select one:

a.Debit Rent Revenue and credit Unearned Rent, $4,800

b.Debit Unearned Rent and credit Rent Revenue, $1,600

c.Debit Unearned Rent and credit Rent Revenue, $4,800

d.Debit Unearned Rent and credit Rent Revenue, $6,400

e.Debit Rent Revenue and credit Unearned Rent, $1,600

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