How to figure out the t-acounts

X S3-7 (similar to) Answer the following questions about prepaid expenses a. On December 1, Blue and Green Tree Service prepaid $7,800 for six months' rent. Give the adjusting entry to record rent expense at December 31. Include the Question Help date of the entry and an explanation. Then post all amounts to the two accounts involved, and show their balances at December 31. Blue and Green adjusts the accounts only at December 31, the end of its fiscal year b. On December 1, Blue and Green Tree Service paid $1,050 for supplies. At December 31, Blue and Green has $600 of supplies on hand. Make the required journal entry at December 31. Then post all amounts to the accounts and show their balances at December 31. Journal Entry Date Accounts and Explanations Debit Credit Dec 31 Rent Expense 1,300 Prepaid Rent 1,300 To record rent expense. Post the December 1 and 31 transactions to the following T-accounts. Be sure to calculate the ending balance of the accounts Prepaid Rent Rent Expense Dec Dec 31 Bal Bal