QUESTION 18 Use the following information to answer the next Two questions (Questions 1 of 2) On November 1, 2019, Kathie Company received five months' rent for office space for November 2019 through March 2010 totaling $50,000 The payment was originally recorded by a credit to a real account Kathies required adjusting entry at December 31, 2019 would include A a debit to Unearned Rent Revenue B a credit to Rent Expense C a credit to Unearned Rent Revenue D a debit to Rent Revenue E none of the above 2 points QUESTION 18 B Use the following information to answer the next Two questions (Questions 2 of 2) On November 1, 2019, Kathie Company received five months' rent for office space for November 2019 through March 2010 totaling $50,000 The payment was originally recorded by a credit to a real account The amount of the adjusting entry required at December 31, 2019 would be A $30,000 B $10,000 C none of the above D $20,000 E $40,000

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QUESTION 18

Use the following information to answer the next Two questions: (Questions 1 of 2)

On November 1, 2019, Kathie Company received five months' rent for office space for November 2019 through March 2010 totaling $50,000. The payment was originally recorded by a credit to a real account. Kathies required adjusting entry at December 31, 2019 would include:

A.
a debit to Unearned Rent Revenue.

B.
a credit to Rent Expense.

C.
a credit to Unearned Rent Revenue.

D.
a debit to Rent Revenue.

E.
none of the above.

2 points

QUESTION 18

Use the following information to answer the next Two questions: (Questions 2 of 2)

On November 1, 2019, Kathie Company received five months' rent for office space for November 2019 through March 2010 totaling $50,000. The payment was originally recorded by a credit to a real account.

The amount of the adjusting entry required at December 31, 2019 would be:

A.
$30,000.

B.
$10,000.

C.
none of the above

D.
$20,000.

E.
$40,000.