Dr. Erica Chan, MD owns EC Health Clinic. She prepares annual financial statements and has a December 31, 2020 year-end. a. On October 1, 2020, Dr. Chan prepaid $10,400 for four months of rent. b. On November 1, 2020, Dr. Chan prepaid $132 to renew the clinic's magazine subscriptions. The subscription is for one year. c. On December 1, 2020, Dr. Chan pays $1,875 for supplies. At the end of the year, $1,250 of supplies had not been used. Required: For the above transactions, record the initial journal entry and the adjusting entry required on December 31, 2020. View transaction list Journal entry worksheet < 2 Record prepaid rent. Note: Enter debits before credits. Date Oct 01, 2020 General Journal Debit Credit >