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A store was rented for $7,200 for the year. A lease was signed for one year on March 1. Rent for the first 4 months

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A store was rented for $7,200 for the year. A lease was signed for one year on March 1. Rent for the first 4 months was paid in advance. [Note: Record the March 1 transaction first and the March 31 adjustment second.] Dollar amount:-28800 Dollar amount: 28800 Dollar amount: -7200 Account: Cash Account: Prepaid Rent Account Prepaid Rent Account Prepaid Rent Account: Retained Earnings Account: Leave Blank Dollar amount: Fo11-Leave%20Blank Submit Answer Incorrect. Tries 3/8 Previous Tries

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