On April 1, Ciaunna Company Paid $48,000 for Two Years

On April 1, Ciaunna Company paid $48,000 for two years rent and recorded the entire amount as a debit to Prepaid Rent. The adjusting entry on December 31 of that year would include a

A) Credit to Rent Expense of $18,000
B) Credit to Prepaid Rent of $24,000
C) Debit to Rent Expense of $24,000
D) Debit to Rent Expense of $18,000