On September 1, 2020, Rudolph Corporation Received $ 54,000 Cash

Multiple Choice

On September 1, 2020, Rudolph Corporation received $ 54,000 cash from a tenant for one year's rent in advance, and recorded the transaction with a credit to Rent Revenue. The December 31, 2020, required adjusting entry in connection with this would be

A) debit Rent Revenue and credit Unearned Rent, $ 18,000.
B) debit Rent Revenue and credit Unearned Rent, $ 36,000.
C) debit Unearned Rent and credit Rent Revenue, $ 18,000.
D) debit Cash and credit Unearned Rent, $ 9,000.