Due to the terms of its lease, Crow Services, Inc., pays the rent for its new office space in one annual payment of $21,000 on August 1, 2018. The lease covers the period of August 1, 2018, through July 31, 2019. Crow Services has a year-end of December 31. Assume that Crow Services had no other prepaid rent transactions, nor did it have a Prepaid Rent beginning balance in 2018. Give the journal entries that Crow Services would make for (a) the annual rent payment of $21,000 on August 1 and (b) the adjusting entry for rent expense on December 31, 2018. What is the balance of Prepaid Rent at December 31, 2018? Give the journal entries that Crow Services would make for (a) the annual rent payment of $21,000 on August 1 and (b) the adjusting entry for rent expense on December 31, 2018. What is the balance of Prepaid Rent at December 31, 2018? (Record debits first, then credits. Exclude explanations from any journal entries.) Give the journal entry that Crow Services would make for (a) the annual rent payment of $21,000 on August 1. Date Aug 1 Journal Entry Accounts Debit Credit Give the journal entry that Crow Services would make for (b) the adjusting entry for rent expense on December 31, 2018. (Do not round any intermediary calculations, and round your final answer to the nearest whole dollar.) Date Dec 31 Journal Entry Accounts Debit Credit What is the balance of Prepaid Rent at December 31, 2018? (Round your final answer to the nearest whole dollar.) Prepaid rent balance at December 31 is $