Business, 23.01.2020 18:31 tbt81

Bonita realty management co. received a check for $30,000 on october 1, which represents a one yearadvance payment of rent on an office it rents to a client. unearned rental revenue was credited for the full $30,000. financial statements are prepared on december 31. the appropriate adjusting journal entryto make on december 31 would be

a. rent revenue $2,500unearned rent revenue $2,500
b. rent revenue $22,500unearned rent revenue $22,500
c. unearned rent revenue $22,500rent revenue $22,500
d. unearned rent revenue $7,500rent revenue $7,500

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Bonita realty management co. received a check for $30,000 on october 1, which represents a one yeara...

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