On June 1, 2022, Gamma Corporation paid $240,000 cash for one year's rent in advance and recorded the transaction with a debit to Prepaid Rent. The December 31,2020 adjusting journal entry is: Debit Rent Expense and Credit Prepaid Rent $140,000 Debit Prepaid Rent and Credit Cash $100,000 Debit Rent Expense and Credit Prepaid Rent $100,000 Debit Prepaid Rent and Credit Rent Expense $140,000