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show calculations please 26) ABC Company prepaid eight months of office rent totaling $9000 on October 1, 2019. The rent period begins on October 1.

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26) ABC Company prepaid eight months of office rent totaling $9000 on October 1, 2019. The rent period begins on October 1. Assuming ABC records deferred expenses using the alterative treatment, what would be the adjusting entry recorded on December 31, 2019? 26) A) Debit Rent Expense and credit Prepaid Rent for $3375 B) Debit Prepaid Rent and credit Rent Expense for $5400 ) Debit Prepaid Rent and credit Rent Expense for $5625 D) No entry is needed since Rent Expense was recorded on October 1, 2019 27) On September 1, ABC Company contracted to provide monthly maintenance services for the next five months at a rate of $2700 per month. The client paid ABC $13,500 on September 1. Assuming ABC records deferred revenues using the alternative treatment, what would be the entry on September 17 27) A) Debit Cash and credit Uneared Revenue for $13,500 B) Debit Cash and credit Service Revenue for $13,500 C) Debit Prepaid Maintenance and credit Cash for $13,500 D) No entry is needed until the services are performed 28) On September 1, ABC Company contracted to provide monthly maintenance services for the next ten months at a rate of $2400 per month. The client paid ABC $24,000 on September 1. The maintenance services began on that date. Assuming BMCC records deferred revenues using the alternative treatment, what would be the adjusting entry recorded on December 31? 28) A) Debit Service Revenue and credit Uneamed Revenue for $24,000 B) No entry is needed since revenue was recorded on September 1. C) Debit Uneared Revenue and credit Service Revenue for $9600 D) Debit Service Revenue and credit Uneamed Revenue for $14.400

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