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Sheridan Corporation received cash of $33900 on September 1, 2025 for one year's rent in advance and recorded the transaction with a credit to Unearned

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Sheridan Corporation received cash of $33900 on September 1, 2025 for one year's rent in advance and recorded the transaction with a credit to Unearned Rent Revenue. The December 31, 2025 adjusting entry is debit Unearned Rent Revenue and credit Rent Revenue, $11300. debit Rent Revenue and credit Unearned Rent Revenue, $22600. debit Rent Revenue and credit Unearned Rent Revenue, $11300. debit Cash and credit Unearned Rent Revenue, $22600

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