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On July 1, Madrid Corporation received $17.400 from New Iberia Company for six months rent on a factory building and recorded it as revenue. What

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On July 1, Madrid Corporation received $17.400 from New Iberia Company for six months rent on a factory building and recorded it as revenue. What adjusting entry will Madrid make on August 31? 11,600 O A. Prepaid Rent Rent Revenue 11,600 11.600 OB. Rent Revenue Uneamed Rent Revenue 11,600 5,800 O C. Rent Revenue Unearned Rent Revenue 5,800 5,800 OD. Unearned Rent Revenue Rent Revenue 5,800

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