On September 30, 2020, ABC paid $2,400 in rent to XYZ. This payment covers a total of 24 months of rent. ABC recorded the payment as a rental expense. The adjusting entry as of December 31, 2020 will include:

Select one:

a. debit to Prepaid Rent for $300.

b. $2,100 prepaid rent credit.

c. debit Rental Expense for $300.

d. credit to Rental Expense of $2,100.