Respuesta :
The adjusting entry would be (c) Rent Expense 1,100 1,100.
A general ledger entry known as a "adjusting journal entry" is made at the conclusion of an accounting period to report any unrealized income or costs during the time. An adjusting journal entry is necessary to correctly account for a transaction that began in one accounting period and ended in another. Adjusting journal entries can also be used to describe financial reporting that fixes an error from a prior accounting period. The amount a company incurs to occupy a property like an office, retail space, storage facility, or manufacturing is known as rent expense. Along with employee salaries and marketing expenses, rent expenses can be among a retail company's largest operational costs. Rent paid in advance of the rental period to which it refers is referred to as prepaid rent. Rent is frequently paid in advance and is payable on the first day of the month it covers. The tenant issues a check payment toward the end of the previous month in order to mail it to the landlord and have it arrive by the due date as the landlord normally sends an invoice several weeks in advance.
The complete question is:
Zach Company previously recorded the prepayment of three months' office rent of $3,300. One month of rent has now been used. The adjusting entry would be
A. Rent Expense 3,300 3,300
B. Prepaid Rent 3,300 3,300
C. Rent Expense 1,100 1,100
D. Prepaid Rent 1,100 1,100
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