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MC Qu. 244 On December... On December 31, Winters Company's Prepaid Rent account had a balance before adjustment of $6,000 Three months' rent was paid

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MC Qu. 244 On December... On December 31, Winters Company's Prepaid Rent account had a balance before adjustment of $6,000 Three months' rent was paid in advance on December t the frst day of the lease term The adusting entry needed on December 3t is its Mutiple Chaice eBook Ask Print eferences Debit Prepaid Rent $6000, credi Cash $6.000 Debit pent Expense $2000, credit Accounts Payable 32000 Debit Rent Espense $2000 credit Plepaid Rent $2000

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