Bonita Realty Management Co. received a check for $30,000 on October 1, which represents a one yearadvance payment of rent on an office it rents to a client. Unearned Rental Revenue was credited for the full $30,000. Financial statements are prepared on December 31. The appropriate adjusting journal entryto make on December 31 would be
A. Rent Revenue $2,500Unearned Rent Revenue $2,500
B. Rent Revenue $22,500Unearned Rent Revenue $22,500
C. Unearned Rent Revenue $22,500Rent Revenue $22,500
D. Unearned Rent Revenue $7,500Rent Revenue $7,500
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