Can someone please assist.
Zara's financial year ends on 31 December.
She rents premises at an annual rent of $5000.
On 1 January 2008, prepaid rent of $1000 appeared as a debit balance on the rent account.
During 2008, rent of $8000 was paid.
What was the balance brought down on the rent account on 1 January 2009?
A $1000 debit
B $2000 credit
C $3000 credit
D $4000 debit