Lang Leased a Portion of Its Store to Pang for 12

Multiple Choice

Lang leased a portion of its store to Pang for 12 months beginning on November 1, at a monthly rate of $400. Pang paid the entire $4,800 on November 1, which Lang recorded as unearned revenue. The journal entry made by Lang at year-end, December 31, would include

A) A debit to Rent Earned for $400
B) A credit to Unearned Rent for $400
C) A debit to Cash for $800
D) A credit to Rent Earned for $800
E) A debit to Unearned Rent for $4,800