On October 1, Vista View Company rented warehouse space to a tenant for $2,800 per month. The tenant paid five months' rent in advance on that date, with the lease beginning immediately. The cash receipt was credited to the Unearned Revenue account. The company's annual accounting period ends on December 31. The year-end adjusting entry needed on December 31 is:

Multiple Choice

• Debit Unearned Revenue, $5,600; credit Rent Revenue, $5,600.

• Debit Unearned Revenue, $8,400; credit Rent Revenue, $8,400.

• Debit Accounts Receivable, $14,000; credit Rent Revenue, $14,000.

• Debit Unearned Revenue, $14,000; credit Rent Revenue, $14,000.

• Debit Accounts Receivable, $8,400; credit Rent Revenue, $8,400.