View Policies Current Attempt in Progress Mackay Corporation moved into its new premises on November 1, 2022. At that time, it paid the landlord $6,000 for three month's rent. On November 1, 2022, the bookkeeper debited Prepaid Rent for $6,000 and credited Cash for $6,000. Assuming no further entries were made, what adjusting entry would be required to prepare the year-end financial statements on December 31, 2022? a debit to Rent Expense for $4,000 and a credit to Cash for $4,000 O a debit to Prepaid Rent for $4,000 and a credit to Rent Expense for $4,000 O a debit to Rent Expense for $6,000 and a credit to Prepaid Rent for $6,000 O a credit to Prepaid Rent for $4,000 and a debit to Rent Expense for $4,000 Save for Later Attempts: 0 of 1 used Submit