Janno Enterprises prepaid eight months of office rent totaling $9000 on October 1, 2019. The rent period begins on October 1. Assuming Janno records deferred expenses using the alternative treatment, what would be the adjusting entry recorded on December 31, 2019? Debit Prepaid Rent and credit Rent Expense for $5400 Debit Prepaid Rent and credit Rent Expense for $5625 Debit Rent Expense and credit Prepaid Rent for $3375 No entry is needed since Rent Expense was recorded on October 1, 2019