On January 1, the Sleepy Monk Coffee Shop paid $46,500 for a full year of rent beginning on January 1. The rent payment was appropriately recorded in the Cash and Prepaid Rent accounts of financial statements are prepared on January 31 the journal entry to record the aqustment would be Me Choice Debt Rent Expense and Prepaid for $16.500 Deon Preos Frent and credit vertee 86.900 Detit Rent and enter 31375 Debit het eerst N V B N M V. 2. 9 command command option