On September $1,2023,$ you prepaid three months of$$ rent, for a total of $ $12$ comma $000.$ Give your adjusting entry to record rent expense at September $30$ comma $2023.$ Include the date of the entry and an explanation.$$ Then, using$$ T$-$accounts, post to the two accounts involved and show their balances at September $30,2023.$

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Part $1$

Record the journal entry for one$$ month's rent expense. $($Record debits$$ first, then credits. Select the explanation on the last line of the journal entry$$ table.$)$

Journal Entry

Date

Accounts and Explanation

Debit

CreditOn September $1,2023,$ you prepaid three months of rent, for a total of

$$12,000.$ Give your adjusting entry to record rent expense at September $30,$

Include the date of the entry and an explanation. Then,

using T$-$accounts, post to the two accounts involved and show their balances

at September $30,2023.$

Record the journal entry for one month's rent expense. $($Record debits first,

then credits. Select the explanation on the last line of the journal

entry table.$)$