On September 1, 2024, Real Estate Professionals, Inc. paid $8,000 in advance for an eight - month rental space covering the period of September 1,2024 through April 30.2025 . The deferred expense was initially recorded as an asset. The company makes adjusting entries once a year at year - end. The adjusting entry on December 31,2025 would include a A. debit of $4,000 to Rent Expense B. credit of $8,000 to Prepaid Rent C. credit of $4,000 to Rent Expense D. debit of $8,000 to Cash