Business, 26.10.2019 04:43 LoserMcBadface

Rem real estate received a check for $27,000 on july 1 which represents a 6 monthadvance payment of rent on a building it rents to a client. unearned rent revenue wascredited for the full $27,000. financial statements will be prepared on july 31. rem realestate should make the following adjusting entry on july 31: a. debit unearned rent revenue, $4,500; credit rent revenue, $4,500.b. debit rent revenue, $4,500; credit unearned rent revenue, $4,500.c. debit unearned rent revenue, $27,000; credit rent revenue, $24,000.d. debit cash, $27,000; credit rent revenue, $27,000.

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