NEXT FULL SCREEN PRINTER VERSTON BACK Practice Question 28 Bonita Realty Management Co. received a check the first year would be: for $30,000 on October 1, which represents a one year Financial statements are prepared on December 31. The appropriate adjusting journal entry to make on December 31 of advance payment of rent on an office it rents to a client. Unearned Unearned Rent Revenue $22,500 Rent Revenue $22,500 O Rent Revenue $22,500 Unearned Rent Revenue $22,500 Rent Revenue $2,500 Unearned Rent Revenue $2,500 Unearned Rent Revenue $7,500 Rent Revenue $7,500