Od Debit prepaid rent and credit rent expense for $800. Low 0 No adjusting entry is necessary at December 31, 2021. 9 of 19 The records of the Singh Company were partially destroyed in a flood. The Company does not know the sales revenue that has been generated during the year, but it knows that 75 percent of ds sales have been on account. Furthermore, the Company knows that the beginning and ending balances of its accounts receivable were $31,000 and $35.000, respectively. Cash collections on credit sales were $260,000 from the begining of the year until the flood occurred. What were the total sales for the year until the time of the flood? 0 a $264.000 Ob. $352,000 0 $198.000 06 $341333