On June 1, 2014, Little Corporation received $5,320 in advance for a two-year rental of some land and properly credited Unearned Rent. In the adjusting entry at December 31, 2014, there would be a
A) debit to Unearned Rent for $1108
B) credit to Rent Revenue for $1552
C) credit to Unearned Rent for $1552
D) debit to Unearned Rent for $5,320
Correct Answer:
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