On February 1, 2020. you prepaid three months of rent, for a total of 524.000 Give your adjusting entry to record rent expense at February 28, 2020. Include the date of the entry and an explanation. Then using T-accounts, post to the two accounts involved and show their balances at February 28, 2020 0 0 Record the journal entry for one month's rent expense (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Journal Entry Accounts and Explanation Debit Credit February Date Ty On February 1, 2020, you prepaid three months of rent for a total of $24,000. Give your adjusting entry to record rent expense at February 28, 2020. Include of the entry and an explanation. Then, using T-accounts, post to the two accounts involved and show their balances at February 28, 2020, Record the journal entry for one month's rent expense. (Record debits first, then credits. Select the explanation on the last line of the journal entry tab Journal Entry Accounts and Explanation Debit February Date Credit Accounts Payable Accounts Receivable Cash Prepaid Rent Rent Expense Rent Revenue