Question Content Area
QRT Co. received a $1,560 advance from Zync Inc. as rent for the use of a building owned by QRT Co. How does this transaction affect QRT's accounts?
a. Cash is increased, and Unearned Rent Revenue is increased.
b. Cash is increased, and Prepaid Rent is increased.
c. Cash is increased, and Rent Revenue is decreased.
d. Cash is increased, and Rent Revenue is increased.