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The purchase of Equipment cash for 1,000 should result in:; X company received a check for $24,000 on July 1 which represents a 6 month

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The purchase of Equipment cash for 1,000 should result in:; X company received a check for $24,000 on July 1 which represents a 6 month advance payment of rent on a building it rents to a client. Unearned Rent Revenue was credited for the full $24,000. Financial statements will be prepared on Aug 30. X company should make the following adjusting entry on Aug 30: Select one: O a. Dobit Unoarnod Rent Rovenuo, S4,000: Credit Rent Rovenue, S4,000. O b. Debit Unearnod Rent Revenue, S24,000; Credit Rent Revenue, S24,000. O c. Debit Unearned Rent Revenue. S8,000; Credit Rent Revenue, S8,000. O d. Debit Rent Revenue, S4,000: Credit Unoarned Rent Revenuo, S4,000

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