On July 1, Madrid Corporation Received $10,200 from New Iberia $\begin{array}{lrr} \text { Prepaid Rent } &6,800\\ \text { Rent Revenue } &&6,800\\\end{array}$

On July 1, Madrid Corporation received $10,200 from New Iberia Company for six months' rent on a factory building and recorded it as revenue. What adjusting entry will Madrid make on August 31? (Do not round intermediary calculations. Only round your final answer to the nearest dollar.)

A) $\begin{array}{lrr} \text { Prepaid Rent } &6,800\\ \text { Rent Revenue } &&6,800\\\end{array}$

B) $\begin{array}{lrr} \text { Rent Revenue } &6,800\\ \text {Unearned Rent Revenue } &&6,800\\\end{array}$

C) $\begin{array}{lrr} \text {Unearned Rent Revenue } &3,400\\ \text {Rent Revenue } &&3,400\\\end{array}$

D) $\begin{array}{lrr} \text { Rent Revenue } &3,400\\ \text { Unearned Rent Revenue } &&3,400\\\end{array}$