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Foster Company paid $600 for three months of rent on January 1st. Prepare the January 31st adjusting entry. O Jan 31 Prepaid Rent 200

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Foster Company paid $600 for three months of rent on January 1st. Prepare the January 31st adjusting entry. O Jan 31 Prepaid Rent 200 Rent Expense 200 Jan 31 Rent Expense 200 Prepaid Rent 200 O Jan 31 Cash 600 Prepaid Rent 600 O Jan 31 Rent Expense 200

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