Sait has paid rent for the calendar year 2019 on January 1st, 2019 for $24,000. It has also purchased an equipment for $10,000 with expected life of 5 years on Jan 1st, 2019. It will need to prepare financials and need to record adjusting entries for March 31st, 2019. Please prepare the journal entries for January 1st, 2019 and March 31st, 2019 for rent and equipment.