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show calculation please 5) BMCC started business in January 2018. The school rented an office for $1500 per month starting from January 1, 2018 On

show calculation please image text in transcribed
5) BMCC started business in January 2018. The school rented an office for $1500 per month starting from January 1, 2018 On that day, BMC prepaid the rent through June 30. The college makes adjusting entries at the end of each month. What is the balance in the Prepaid Rent account as of Apr 30, 20187 5) $1800 D) 5900 A) 5300 B) $3600 6) On July 1, BMCC prepaid tent for an equipment storage building BMCC paid $20.000 to rent the building from July 1 through the end of the year. Prepare the journal entry needed on July 1 when the payment is made. (Ignore explanation). Assume the deferred expense vinally recorded as an asset Prepare the

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