On October 31, 2021, the Nehra Company pays $9,000 cash for rent through 10/31/22. The balance in prepaid rent on the 12/31/21 Balance Sheet will be: O a. $6,750 Ob. $5,400 Oc. $1,500 Od. $7,500 Oe $2,250 Which accounts are closed with credits at year-end? Select oDIC Which accounts are closed with credits at year-end? Select one: 125 Oa Prepaid Expense Wage Expense Unearned Revenue stion No Yes Yes 34 O b. Prepaid Expense Wage Expense Unearned Revenue No No No Prepaid Expense Wage Expense Unearned Revenue No Yes No Od Prepaid Expense Wage Expense Unearned Revenue No No Yes Oe Prepaid Expense Wage Expense Unearned Revenue Yes Yes Yes On 1001 the Rainbow Company had total equity of $2.680 of which $1,674 was Retained Earnings Additional data