On April 1, Nick's Sport Shop of Toledo prepaid six months of rent, $3,000. 0 Requirements redits 1. Record the journal entry for the April 1 payment 2. Record the adjusting entry required at April 30. 3. Using T-accounts, post the journal entry and adjusting entry to the accounts involved and show their balances at April 30. (Ignore the Cash account.) Print Done Requirement 1. Record the joumal entry for the April 1 payment. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit Apr. 1 Requirement 2. Record the adjusting entry required at April 30. (Record debits first, then credits. Select the explanation on the last line of the journal entry table) Accounts and Explanation Debit Credit Date Apr. 30 mu n show their balances at Apr 30 (Ignore the Cash account Requirement 3. Using T-accounts, post the joumal entry and adjusting entry to the accounts involved and show the balances at April 30. Ognore the cash account) Post the journal entry and adjusting entry to the two accounts using the dates as posting references, and then calculate and enter the ending balance of the accounts using a "Bal" posting reference Prepaid Rent