On March 1, Rosetti Company Paid in Advance $7,000 for Seven

Multiple Choice

On March 1, Rosetti Company paid in advance $7,000 for seven months' rent. The March 31 adjusting entry for rent expense should include

A) debit Rent Expense, $2,500.
B) credit Prepaid Rent, $3,500.
C) debit Rent Expense, $2,000.
D) debit Rent Expense, $1,000.