Etext pages K On July 1, 2023, you prepaid three months of rent, for a total of $12,000. Give your adjusting entry to record rent expense at July 31, 2023 Include the date of the entry and an explanation. Then, using T-accounts, post to the two accounts involved and show their balances at July 31, 2023 July Date Record the journal entry for one month's rent expense. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Journal Entry Accounts and Explanation 31 July 1 Bal Rent Expense Prepaid Rent To record rent expense Part 2 of 2 Get more help. O Search July 31 Bal. Debit 4,000 DES Rent Expense Post the journal entry to the T-accounts below, and calculate the account balances. The beginning balance of Prepaid Rent has been entered for you (If a box is not used in the T-accounts leave the box empty; do not enter a zero.) Prepaid Rent 12,000 July 31 Credit July 31 % LO V acer C 4,000 HW Score: 1.61%, 3.7 of 230 points Points: 2.7 of 9 4 AMAZON Clear all ENG US Save Check answer 9:22 PM 2023-10-16

Save 1 \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Journal Entry } \\ \hline \multicolumn{2}{|c|}{ Bate } & Accounts and Explansion & Debit & Crodit \\ \hline & 21 & Rent fyemse & \multirow[t]{2}{*}{4.000} & \multirow[b]{2}{*}{4,000} \\ \hline & & Propend fient & & \\ \hline & & 10iecsearent expense & & \\ \hline \end{tabular} box empty, do not enter a rete) \begin{tabular}{|c|c|c|c|c|c|} \hline \multicolumn{3}{|c|}{ Freasid Rent } & \multicolumn{3}{|c|}{ Rent Expense } \\ \hline July & 12000 & Juerat & tugat & Jwat & \\ \hline (ia) & & & Bat & & \\ \hline \end{tabular} Etext pages Get more help . Ciearall Check anwaer D seopith 3. (0) onm 11010 What is the nominal annual rate of interest compounded semi-annually at which $928.00 will accumulate to $2293.81 in five years and six months? The nominal annual rate of interest is % (Round the final answer to four decimal places as needed Round all intermediato values to six decimal places as needed)