Question 21 1.6 pts The balance in the Prepaid Rent account before adjustment at the end of the fiscal year is $10,000, which represents five months of rent which was paid on December 1. The year-end adjusting entry required on December 31 is O debit Rent Expense, 8, 000; credit Prepaid Rent, 8.000 O debit Rent Expense, 10,000; credit Prepaid Rent, 10,000 O debit Prepaid Rent, 2, 000; credit Rent Expense, 2,000 O debit Rent Expense, 2, 000; credit Prepaid Rent, 2,000