On April 1, All Star of Toledo prepaid six months of rent, $4,200. Requirements 1. Record the

Question:

On April 1, All Star of Toledo prepaid six months of rent, $4,200.
Requirements
1. Record the journal entry for the April 1 payment.
2. Record the adjusting entry required at April 30.
3. Using T-accounts, post the journal entry and adjusting entry to the accounts involved and show their balances at April 30.