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The Unearned Rent Account Has a $6,000 Credit Balance in the Unadjusted

Question 136

Multiple Choice

The Unearned Rent account has a $6,000 credit balance in the unadjusted trial balance. There is a $1,000 debit adjustment to Unearned Rent. The adjusted trial balance will show Unearned Rent as a:


A) $7,000 debit balance.
B) $7,000 credit balance.
C) $5,000 debit balance.
D) $5,000 credit balance.

Correct Answer:

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