Knowledge Check 01 A company is in its first month of operations. On January 1, the company pays 3 months of rent in advance for $2,100. What adjusting entry would be made at the end of January? Post the adjusting entry for the scenario provided. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)\

Journal entry worksheet

Note: Enter debits before credits.

record the 2100 rent paid for 3 months

Date	General Journal	Debit	Credit
Jan 31