Question 21 2.5 pts On July 1 Target paid $24,000 to Super Realty for 6 months rent beginning July 1. Prepaid Rent was debited for the full amount. If financial statements are prepared on July 31. the adjusting entry to be made by Target is: debit Rent Expense. $24,000. credit Prepaid Rent, $4.000. debit Prepaid Rent $4.000 credit Rent Expense. $4,000 debit Rent Expense. $4,000, credit Prepaid Rent: $4,000 debit Rent Expense 524.000 credit Prepaid Rent $20,000 Question 22 2.5 pts Intel ordered supplies from Target Company on 1/19. Target delivers the supplies on 1/20 and bill PWC invoices on 1/21. Intel pays the invoice on 2/1. On what date does Target recognize revenue? 1/19 1/20 1/21 0211