Read the requirements On February 1, Sport Planet of Toledo prepaid six months of rent, $3,900. Requirement 1. Record the journal entry for the February 1 payment. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Accounts and Explanation Date Feb: 1 Debit Credit Requirements 1. Record the journal entry for the February 1 payment. 2. Record the adjusting entry required at February 28 3. Using T-accounts, post the journal entry and adjusting entry to the accounts involved and show their balances at February 28. (Ignore the Cash account.) Print Done