Prepaidant-Quarterly ments On September 1, Northampton Industries signed a mothes forces on September 1. Assume tha N a moto prepares adjustments only for me , which setective September ampton agreed to prepay the rent and make a check for $12,000 to the landlord art on March 31, June 30 September 30, and December 31 Required: month 1. Compute the rental cost for each $2,000 per month > 2. Identity and analyze the effect of the transaction for the payment of rent on September 1 Activity Accounts Satamants) How does this entry wfect the counting t on Sanandal statement is not affected, select Entry and leave the amount to the effect on a financial statement them is negative, te decrease be sure to 3. Identify and analyze the effect of the adjustment on September 30. Activity Accounts Statements) How does this entry affect the accounting equation a financial statement Homin e rted, select Entry and leave the amount box on the effect on a financial statement item is negative, Le, a decrease, be sure to enter the answer with a minus son Balance Sheet Income Statement Stockholders' Equity Liabilities + 4. Assume that the accountant prepares the adjustment on September 30 but forget to record and ment on December will net income for the benderard or overstated by what amount