Suppose Hoosiers, a specialty clothing store, rents space at a local mall for one year, paying $18,600 ($1.550/month) in advance on October 1 Required: 1.82 Record the necessary entries in the Journal Entry Worksheet below. 3. Calculate the year-end adjusted balances of prepaid rent and rent expense (assuming the balance of Prepaid Rent at the beginning of the year is 50). Complete this question by entering your answers in the tabs below. Required: and 2 Required 3 Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No Joumal Entry Required in the first account field.) View transaction 3 Journal entry worksheet Record the payment of rent in advance on October 1. Date October 01 General Joumal Debit Credit Suppose Hoosters, a specialty Clothing store.rents space at a local mall for one year, paying $18.600 $1,550 months in advance on October Required 1.82. Record the necessary entries in the Journal Entry Worksheet below. 3. Calculate the year-end adjusted balances of prepaid rent and rent expense (assuming the balance of Prepaid Rent at the beginning of the year is $0). Complete this question by entering your answers in the tabs below. Required: and 2 Required 3 Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No Joumal Entry Required in the first account field.) View transactions ce: Journal entry worksheet Record the adjusting entry for prepaid rent on December 31. ter det before Chat Date General Journal Debit Credit December 31 Suppose Hoosters, a specialty Clothing store, rents space at a local mall for one year, paying $18.600 ($1.550/monthin advance on October 1 Required: 1.&2. Record the necessary entries in the Journal Entry Worksheet below. 3. Calculate the year end adjusted balances of prepaid rent and rent expense (assuming the balance of Prepaid Rent at the beginning of the year is $0). Complete this question by entering your answers in the tabs below. Required: and 2 Required 3 + Calculate the year-end adjusted balances of prepaid rent and rent expense (assuming the balance of Prepaid Rent at the beginning of the year is 50). Ending Balance Prepaid rent Rent expense