Required:

Update account balances for the year$-$end information by recording any necessary adjusting entries. No prior adjustments have

been made in $2024.$

Prepare an adjusted trial balance as of December $31,2024.$

Complete this question by entering your answers in the tabs below.

Update account balances for the year$-$end information by recording any necessary adjusting entries. No prior adjustments have been

made in $2024.($If no entry is required for a particular transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field. Do

not round intermediate calculations.$)$

Journal entry worksheet

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The balance of Prepaid Rent, $$5,760,$ represents payment on October $31,$

$2024,$ for rent from November $1,2024,$ to April $30,2025.$ Record the adjusting

entry on December $31.$

Note: Enter debits before credits.