On November 1, the company rented space to another tenant. A check in the amount of $9,000, representing three months' rent in advance, was received from the tenant on that date. The payment was recorded with a credit to the Rent Revenue account Complete the necessary adjusting entry by selecting the account names from the pull-down menus and entering dollar amounts in the debit and credit columns View transaction list Journal entry worksheet > On November 1, the company rented space to another tenant. A check in the amount of $9,000, representing three months' rent in advance, was received from the tenant on that date. The payment was recorded with a credit to the Rent Revenue account. Complete the necessary adjusting entry by selecting Note: Enter debits before credits General Journal Debit Credit Date Dec 31 a. Barga Company purchases $37,000 of equipment on January 1. The equipment is expected to last five years and be worth $5.400 at the end of that time. b. Welch Company purchases $11700 of land on January 1. The land is expected to last forever. Prepare the entries to record one year's depreciation expense of $6,320 for the equipment and what depreciation adjustment, if any, should be made with respect to the Land account as of December 31? (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) nes