On July 1, Muscat Company paid OMR 12,000 for One Year Rent in advance. The adjusting entry that should be made by the company on December 31 is Select one: O a. None of the answers are correct b. Debit Rent Expense, 12,000; Credit Prepaid Rent, 12,000. O c. Debit Rent Expense, 12,000; Credit Prepaid Rent 12,000 Od. Debit Rent Expense, 6,000; Credit Prepaid Rent 6,000 e. Debit Prepaid Rent, 6,000; Credit Rent Expense, 6,000