Answer the following questions about prepaid expenses:

a$.$ On October $1,$ East and West Tree Service prepaid $$5,400$ for six months' rent. Give the adjusting entry to record rent expense at October $31.$

Include the date of the entry and an explanation. Then post all amounts to the two accounts involved, and show their balances at October $31.$

East and West adjusts the accounts only at October $31,$ the end of its fiscal year.

b$.$ On October $1,$ East and West Tree Service paid $$1,000$ for supplies. At October $31,$ East and West has $$700$ of supplies on hand. Make the

required journal entry at October $31.$ Then post all amounts to the accounts and show their balances at October $31.$ Assume no beginning balance

in supplies.

a$.$ On October $1,$ East and West Tree Service prepaid $$5,400$ for six months' rent. Give the adjusting entry to record rent expense at October $31.$

Include the date of the entry and an explanation. Then post all amounts to the two accounts involved, and show their balances at October $31.$

East and West adjusts the accounts only at October $31,$ the end of its fiscal year.

Prepare the adjusting journal entry to record the rent expense at Octoffer $31.($Record debits first, then credits. Select the explanation on the last line of

the journal entry table.$)$