the following questions about prepaid expenses: a. On March 1, Sky and Ocean Tree Service prepaid $6,600 for six months' rent. Give the adjusting entry to record rent expense at March 31 . Include the date of the entry and an explanation. Then post all amounts to the two accounts irvolved, and show their balances at March 31 . Sky and Ocean adjusts the accounts only at March 31 , the end of its fiscal year. b. On March 1, Sky and Ocean Tree Service paid $1,100 for supplies. At March 31, Sky and Ocean has $700 of supplies on hand. Make the required journal encry at March 31. Then post all amounts to the accounts and show their