How to create a Journal Entry and Recurring Transaction In this exercise, you will create the journal entry to expense the prepaid rent on Sadie's salon and make it recurring for five months. You will also create a recurring transaction for the prepaid storage. Record the September expense by creating a journal entry dated 9/30/2026 for one-sixth of the total Prepaid Rent, which was $3,300 paid in July 2026. Create a recurring expense journal entry for $550 for the last day of each month for October 2026 through February 2027. Create a recurring expense journal entry for one-third of the prepaid storage, which was paid on September 22, 2026. Make it for the last day of each month for the following three months (October through December).

How to create a recurring expense journal entry for one-third of the prepaid storage, which was paid on September 22, 2026. Make it for the last day of each month for the following three months (October through December).