On October 1. Hasip Company rented warehouse space to a tenant for $2.950 per month The tenant pald five months' rent in advance on that date. The payment was recorded to the Revenue account. The company's annual accounting period ends on December 31. The adjusting entry needed on December 3115. Debit Rent Revenue $8,850 credit Revenue Received in Advance $8,850 Debit Rent Receivable $8,850, credit Rent Revenue. $8,850 Debit Rent Revenue $5.900 credit Revenue Received in Advance, $5,900 Debit Revenue Received in Advance $14750 credit Rent Revenue: $14.750. Debit Rent Receivable $14,750. credit Rent Revenue 514750