Assets are

a$.$ equal to liabilities less Question Content Area

The unearned rent account has a balance of $$57,553.$ If $$5,012$ of the $$57,553$ is unearned at the end of the accounting period, the amount of the adjusting entry is

a$.$ $$52,541$

b$.$ $$5,012$

c$.$ $$57,553$

d$.$ $$62,565$ equity

b$.$ financed by the stockholders and$/$or creditors

c$.$ always lower than liabilities

d$.$ the same as expenses because they are acquired with cash