Th balance in the prepaid rent account before adjustment at the end of the year is $21,046, which represents 9 months' rent paid on December 1. The adjusting entry required on December 31 is O a. debit Rent Expense, $18,708; credit Prepaid Rent, $2,338 o b. debit Rent Expense, $2,338; credit Prepaid Rent, $2.,338 Oc. debit Prepaid Rent, $18,708; credit Rent Expense, $2,338 O d. debit Prepaid Rent, $2,338; credit Rent Expense, $2,338 Learn How to Speed t Up Don't Tell Me Again