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On the Oregon Company's Unadjusted Trial Balance as of December 31, 2019 the PREPAID RENT account has a balance of $11.250. This amount represents the

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On the Oregon Company's Unadjusted Trial Balance as of December 31, 2019 the "PREPAID RENT" account has a balance of $11.250. This amount represents the same for month rent on July 1, 2019. What is the adjusting entry related to this account on December 31, 2019, if any? A Prepaid Rent account is debited by 57,500; flent Expense account is credited by $7,500. B. None of these C. Prepaid itent account is debited by $3,750; Rent Expense account is credited by $3,750, D. Rent Expense account is debited by $3,750; Prepaid Rent account is credited by $3,750, E. Rent Expense account is debited by $7,500; Prepaid Rent account is credited by $7,500

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