A company's accounting records included the following accounts. Accounts Receivable (A) Debit Credit 1/1 SOB 22851 12/31 436 Prepaid Rent (A) Debit Credit 1/1 46 Deferred Revenge (L) Debit Credit 262 17 c494 328 12/31 12/31 49 Required: 1. For each T-account, describe the typical transactions that cause it to Increase and decrease. 2. Compute the missing amounts Complete this question by entering your answers in the tabs below. Required 1 Required 2 For each T-account, describe the typical transactions that cause it to increase and decrease. Increase and Decrease Accounts Accounts Receivable Accounts Receivable Prepaid Rent Prepaid Rent Deferred Revenue Deferred Reve Transactions Sales to customers on account. Cash collections from customers Cash payments for rent related to future periode The benefits of these prepayments are used up over time Cash received from customers for goods or service to be provided in the future Goods and services are provided Required 2) MacBook Air JO at 10 N 20 0 > VP W E . F T Y 0 S D H r I X V B Z M V 96 command COTTEN A company's accounting records included the following accounts. Accounts Receivable (A) Prepaid Hent (A) Debit Credit Debit Credit 1/1 500 1/1 46 2,885 a 92 12/31 436 12/31 49 Deferred Revenue (L) Debit Credit 262 1/1 494 328 12/31 Required: 1. For each T-account, describe the typical transactions that cause it to increase and decrease 2. Compute the missing amounts. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the missing amounts. Decrease Accounts Receivable Prepaid Rent Deferred Rivenom Beginning Increase $ 5085 2.885 $ 465 92 $ 262 $ 494 Ending $ 436 5 49 $ 328 - MacBook Air LE : 23 EN 1 2 3 I Q W E T R F A S D G H