On Febraury 1, Risa Inc purchases a one year Amazon Prime membership for $120 cash. Prepare the adjusting journal entry Risa should record on February 29 related to this transaction.

(Answer choices-

DR: Accrued Expenses, Prepaid Expenses, Cash & Expense (first blank)

120 or 10 (second black)

CR: Cash, Prepaid Expenses, Expense, Accrued Expenses (third blank)

120 or 10 (fourth blank)

On February 1, Risa Inc purchases a one year Amazon Prime membership for $120 Cash. Prepare the adjusting journal entry Risa should record on February 29 related to this transaction. DR: Select) 10 CR: [Select] 10