On July 1, 2012, Charlie Co $\begin{array}{cc}\text { Rent Expense } & 18,000 \\\text { Cash } & 18,000\end{array}$

On July 1, 2012, Charlie Co. paid $18,000 to Rent-An-Office for rent covering 18 months from July 2012 through December 2013. What adjusting entry should Charlie Co. record on December 31, 2012?

A) $\begin{array}{cc}\text { Rent Expense } & 18,000 \\\text { Cash } & 18,000\end{array}$
B) $$\begin{array}{l}\begin{array} { l l } \text { Rent Expense } & 18,000\end{array}\\\begin{array} { l l } \text { Prepaid Rent } & 18,000\end{array}\end{array}$$
C) $$\begin{array} { c c } \text { Prepaid Rent } & { 6,000 } \\\text { Rent Expense } & 6,000\end{array}$$
D) Rent Expense $\quad$ 6,000
Prepaid Rent $\quad$ 6,000