Answer the following questions about prepaid expenses: a. On December 1. Paradise Tree Service prepaid $3,000 for six months' rent. Give the adjusting entry to recoed rent expense at December 31 . Inclucte the date of the entry and an explanat Then post all amounts to the two accounts involved, and show their balances at December 31 . Paradise adjusts the accounts only at Docember 31 , the end of its fiscal year. b. On December 1, Paradise Tree Service paid $900 for supplies. At December 31, Paradise has $400 of supplies on hand. Make the required journal entry at December 31 , Then post all at to the accounts and shew their balancos at Decomber 31. Assume no beginning balance in supples. a, On Decamber 1, Paradise Tree Sorvice prepeid $3,000 for six months' rem. Give the adjusting entry to record rent expense at December 31 . Include the date of the entry and an explanatio post all amounts to the two accounts involved, and show their balances at December 31. Paradise adjusts the accounts onty at December 31 , the end of its fscal yeas. Prepare the acjusting journal entry to record the rent expense at December 31 . (Record debits first, then credts. Select the explanation on the last ine of the journal antry table)