Question 8 (2 points) If the landlord as a $2000 balance in Unearned Rent Revenue after the books are adjusted and closed, then the renter should have a Prepaid Rent Balance of $2000 on their books after adjustments and closing. True False Question 9 (2 points) Which of the following types of end of period entries would it be beneficial to "reverse The adjusting entry for bad debts expense The adjusting entry for depreciation expense The adjusting entry for accrued interest The closing entry for income summary Question 10 (2 points) A Realtor does adjusting entries once a year on December 31. On November 1, a client paid three months rent in advance. The Realtor credited Rent Revenue on that date for $2400. What adjusting entry is needed, if any on Dec 31? Rent Revenue 1600 Prepaid Rent 1600 Unearned Rent Revenue 1600 Rent Revenue 1600 Rent Revenue 800 Unearned Rent Revenue 800 Prepaid Rent 800 Unearned Rent Revenue 800 None of these. Question 11 (2 points) How many of the following accounts would appear on the Income Statement? Supplies Used Up Allowance for Doubtful Accounts Retained Earnings Goodwill Depreciation Expense zero one two three four O five