Please make journal entries and perform account reconcliation based on the following assumptions; Account Name Account Number Prepaid Rent 11300 Cash 10101 Rent 53600 1- A newly leased property requires a $ 40,000 deposit in May 2021. Please make journal entry to record this transaction. 2- $ 200,000 in prepaid rent will be used to cover April and May 2021 rent ( $100,000 each month) . The office is used for both consulting and development deparments. Please make journal entry to record this transaction. 3- $ 120,000 in prepaid rent deposit will be amortized in 2021 (starting Jan 2021). Please make journal entry to record this transaction. 4- Please perform an account reconciliation after all entries are entered. Please provide a correct answer. Previous answers are wrong