Oleke Manufacturing Paid $1,800 for 4 Months' Rent in Advance $\begin{array}{lcc}\text { Prepaid rent } & 450 & \\\quad \text { Rent expense } & & 450 \\\end{array}$

Oleke Manufacturing paid $1,800 for 4 months' rent in advance on January 1.Assuming only asset accounts were used in the January 1 journal entry,what adjusting entry is necessary on January 31?

A) $\begin{array}{lcc}\text { Prepaid rent } & 450 & \\\quad \text { Rent expense } & & 450 \\\end{array}$

B) $\begin{array}{lccc}\text { Rent expense } & 450 & \\\quad \text { Prepaid rent } & & 450 \\\end{array}$

C) $\begin{array}{lccc}\text { Rent expense } & 450 & \\\quad \text { Rent payable } & & 450 \\\end{array}$

D) $\begin{array}{lccc}\text { Unearned rent } & 450 & \\\quad \text { Rent expense } & & 450 \\\end{array}$

E) $\begin{array}{lccc}\text { Prepaid rent } & 450 & \\\quad \text { Rent payable } & & 450\end{array}$