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PLEASE EXPLAIN!!!! will give good rating!!!! i already know the answer is D, but why? why wouldnt it be: DR rent expense CR cash thank

image text in transcribedPLEASE EXPLAIN!!!! will give good rating!!!! i already know the answer is D, but why? why wouldnt it be:
DR rent expense
CR cash
thank you :)
Daucu We Dan Udance. C) added to the book balance. D) subtracted from the book balance. 31) On December 1, 2018 Starbucks paid rent for 40 of its stores in Arizona. The payment covers 6 months of rent from January 1, 2019 through June 30, 2019 and it is determined that Starbucks is effectively paying $11,000 per month. What journal entry will Starbucks record on January 31, 2019 after occupying the stores for 1 month? A) DR Rent Expense $11,000; CR Cash $11,000 B) DR Prepaid Rent $11,000; CR Rent Expense $11,000 C) DR Prepaid Rent $11,000; CR Cash $11,000 D) DR Rent Expense $11,000; CR Prepaid Rent $11,000 8 of 12 1696 words 0 English (United States) TOUCH 3 O Focus easy to transfer ownership Cons: harder to set up, : 0 40 A ra cm

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