ovvew/attempt 326778 17courselde 6142,1 Question 17 1 Point Rent expense paid in advance for three years, the account used recognize this transaction is A Prepaid rent expense. B Unearned rent expense. Rent expense payable. D) Prepaid rent revenue. 1 Point Question 18 Closing entries are journalized and posted A after the financial statements are prepared. B before the financial statements are prepared. at the end of each interim accounting period. at management's discretion. 1 Point