On January 1 Corporate Condos, Inc Received $89,000 for One

On January 1 Corporate Condos, Inc received $89,000 for one year's rent for building A. What would the adjusting entry be on March 31?

A) Debit Rent Expense $7,417, credit Prepaid Rent $7,417
B) Debit Unearned Rent Revenue $7,417, credit Rent Revenue $7,417
C) Debit Rent Expense $22,250, credit Prepaid Rent $22,250
D) Debit Unearned Rent Revenue $22,250, credit Rent Revenue $22,250