On august 31, 1996, BIG paid $3,000 cash as ten months rent in advance on some warehouse space in a building near its offices. I have prepaid rent debit 3000 and cash credit 300 Show the appropriate Decemeber 31, 1996 adjusting entry for the warehouse rental described above. They have Rent expense debit 1,200 and prepaid rent credit 1,200 How did they get 1,200