QUESTION 13 Not yet answered Majan Company received a check for $7.200 on September 1 which represents a 6 month advance payment of rent on a building it rents to a client. Unearned Rent was credited for the full $7,200. Financial statements will be prepared on November 30. Majan Company should make the following adjusting entry on November 30: Marked out of 1.00 P Flag question Select one: a. Debit Cash, $7,200; Credit Rental Revenue, $7,200 b. Debit Rental Revenue, $3,600; Credit Unearned Rent, $3,600. O c Debit Unearned Rent, $7.200; Credit Rental Revenue, $7.200. d. Debit Unearned Rent, $3,600; Credit Rental Revenue, $3,600. QUESTION 14 Not yet answered Marked out of 1.00 The following information is for SQU: Trademark R.0.42,000; Land R0.54.000; Building R.060,000; Accumulated Depreciation 12,000; Land held for investment 45.000; Prepaid Insurance 18,000; Inventory 42,000; Accounts Receivable 30,000; Cash 39.000; Share Capital R 0.72,000: Retained Earnings 150,000; Accounts Payable 36,000; Salaries Payable 6,000; Mortgage Payable 54,000; The total amount of assets to be classified as current assets is: P Flag question Select one a R0.87.000 b. R0.129.000