On October 1, Vista View Goodwell Company rented warehouse space to a tenant for $2,500 per month and received $12,500 for five months' rent in advance on that date, with the lease beginning immediately. The cash receipt was credited to the Unearned Rent account. The company's annual accounting period ends on December 31. The Unearned Rent account balance at the end of December, after adjustment, should be:
A. $12,500.
B. $7,500.
C. $10,000.
D. $5,000.
E. $2,500.
Answer: D
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Fill in the blanks with correct word
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The tort of contract interference requires knowledge of an existing contract between two parties
Indicate whether the statement is true or false