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please answer Cheater received $12,000 for 12 months' rent in advance. How should Cheater record this transaction? A) Prepaid rent 12,000 Rent expense 12,000 B)

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Cheater received $12,000 for 12 months' rent in advance. How should Cheater record this transaction? A) Prepaid rent 12,000 Rent expense 12,000 B) Cash 12,000 Deferred revenue 12,000 C) Interest expense 12,000 Interest payable 12,000 D) Salaries expense 12,000 Salaries payable 12,000

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