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