The unadjusted trial balance shows a $17,000 balance for Prepaid Rent. At the end of the year, $6,000 of the rent had been used. The adjusted trial balance reflects a balance for Prepaid Rent of:

A) $11,000 debit.
B) $11,000 credit.
C) $6,000 debit.
D) $6,000 credit.


A) $11,000 debit.
Explanation: normal balance is a debit; subtract amount of rent used from unadjusted balance for adjusted balance. Ex: $17,000 - $6,000 = $11,000 debit

Business

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