Somerset Leasing received $$12,000$ for $12$ months' rent in advance. How should Somerset record this transaction?

A$)$

Prepaid rent $12,000$

Rent expense $12,000$

B$)$

Cash $12,000$

Deferred rent revenue $12,000$

C$)$

Interest expense $12,000$

Interest payable $12,000$

D$)$

Salaries expense $12,000$

Salaries payable $12,000$