View Policies Current Attempt in Progress On July 1, Swifty's Sports Store paid $14600 to Blossom Realty for 4 months rent beginning July 1. Prepaid Rent was debitec full amount. If financial statements are prepared on July 31, the adjusting entry to be made by Swifty's Sports Store is O Debit Rent Expense. $14600; Credit Prepaid Rent, $14600. O Debit Rent Expense, $14600: Credit Prepaid Rent. $3650. Debit Prepaid Rent, $3650; Cred Rent Expense, $3650. Debit Rent Expense. $3650: Credit Prepaid Rent. $3650 Save for Later Last saved 1 second ago Saved work will be auto-submitted on the due date. Attempts: 0 of 1 used Submit