On July 1, 2020, Company X paid $18,000 to WeWork for 18 months of rent. The lease term begins July, 1 2020 and ends December 2021. What adjusting entry will Company X need to record on December 31, 2020? A 18,000 Dr. Rent Expense Cr. Cash 18,000 B. Dr. Rent Expense Cr. Prepaid Rent 6,000 6,000 C. Dr. Prepaid Rent 6,000 Cr. Rent Expense 6,000 D Dr. Rent Expense Cr. Prepaid Rent 18,000 18.000 B c D