On October 1, 2019, a Company Paid $9,000 Rent in Advance

Multiple Choice

On October 1, 2019, a company paid $9,000 rent in advance. The rent per month is $1,000. Assuming the company's accounting period ends on December 31, 2019, what will be reported on the financial statements?

A) Prepaid Rent of $6,000 on its balance sheet at December 31, 2019
B) Prepaid Rent of $9,000 on its balance sheet at December 31, 2019
C) Rent Expense of $9,000 on its 2019 income statement
D) Rent Revenue of $6,000 on its 2019 income statement