Question: D Question 17 1 Hour 19 Modes A Secards 5 pts On July 1 the Rock Store paid $24,000 to Acme Realty for 3
D Question 17 1 Hour 19 Modes A Secards 5 pts On July 1 the Rock Store paid $24,000 to Acme Realty for 3 months rent beginning July 1. Prepaid Rent was increased for the full amount. If financial statements are prepared on July 31, the adjustment to be made by the Rock Store is None of the responses provided. O increase Rent Expense, $8,000; decrease Prepaid Rent, $8.000 O increase Rent Expense. $24,000; decrease Prepaid Rent, $24,000. increase Prepaid Rent. $4,000; decrease Rent Expense, $4,000. O increase Rent Expense, $4,000, decrease Prepaid Rent. $4,000,
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