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*Question 1.13 The balance in the prepaid rent account before adjustment at the end of the year is $32,000, which represents four month's rent paid

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*Question 1.13 The balance in the prepaid rent account before adjustment at the end of the year is $32,000, which represents four month's rent paid on December 1. The adjusting ent December 31 is: 2 points ry required on debit Prepaid Rent, $8,000; credit Rent Expense, S8,000 O debit Rent Expense, $24.000 credit Prepaid Rent, s8,000 O debit Prepaid Rent, $24,000; credit Rent Expense, $8,000. O debit Rent Expense, $8,000, credit Prepaid Rent, $8,000 Question 1.14 2 points The adjusting entry for gym memberships earned that were previously recorded in the unearned gym memberships account is: O debit Uneamed Gym Memberships, credit Prepaid Gym Memberships. o debit Unearned Gym Memberships; credit Gym Memberships Revenue. O debit Gym Memberships Revenue, credit Unearned Gym Memberships. O debit Gym Memberships Expense, credit Uneamed Gym Memberships k Question 1.15 There are twa closing entries. The first one is to close the second one is to close 2 points O revenues, expenses and the drawing account O revenues, expenses O the drawing account, revenues O revenues and expenses, the drawing account

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