A Review of the Accounting Records Discovered That Unearned Rent $$\begin{array} { | c | r | r | } \hline \text { Rent revenue } & 700 & \\\hline \text { Cash } & & 700 \\\hline\end{array}$$

Multiple Choice

A review of the accounting records discovered that unearned rent revenue received from a client in the amount of $1,500 had been incorrectly recorded as $2,200. Which of the following journal entries will correct the ledger accounts?

A) $$\begin{array} { | c | r | r | } \hline \text { Rent revenue } & 700 & \\\hline \text { Cash } & & 700 \\\hline\end{array}$$
B) $$\begin{array} { | c | r | r | } \hline \text { Accounts payable } & 700 & \\\hline \text { Rentrevenue } & & 700 \\\hline\end{array}$$
C) $$\begin{array} { | c | r | r | } \hline \text { Rent revenue } & 700 & \\\hline \text { Uneamed rent revenue } & & 700 \\\hline\end{array}$$
D) $$\begin{array} { | c | r | r | } \hline \text { Unearned rent revenue } & 700 & \\\hline \text { Cash } & & 700 \\\hline\end{array}$$