Problem 8-1 Collecting Rent in Advance and the Monthly Adjusting Entry Pg. A Requirement 1 -- January 1 receive $21,000 advance payment for rent Date Account Name Debit Credit Problem 8-1 Collecting Rent in Advance and the Monthly Adjusting Entry Pg. B Requirement 4 --"T" Account Analysis for the February 28 adjusting entry "T" Account Analysis for Asset and Liability Accounts Account Name Unearned Rent Revenue Debit Credit (1) What is the current balance? (3) What adjustment is required to adjust from the current balance to the should be balance? (2) What should be the balance