Other favo Start Time: 09:01 PM / Remaining: 60 min CALCULATOR FULL SCREEN PRINTER VERSION 4 BACK NEXT Multiple Choice Question 141 on 53 ZYour answer has been saved and sent for grading. See Gradebook for score details On July 1, Runner's Sports Store paid $12,000 to Acme Realty for 4 months rent beginning July 1. Prepaid Rent was debited for the full amount. If financial statements are prepared on July 31, the adjusting entry to be made by Runner's Sports Store is: 0 Debit Rent Expense, $12,000; Credit Prepaid Rent, $3,000 Debit Rent Expense, $3,000; Credit Prepaid Rent, $3,000, Debit Rent Expense, 512,000; Credit Prepaid Rent, 512.000 1410 Choico Debit Prepaid Rent, $3,000: Credit Rent Expense, $3,000. Chalo - Choice