Transaction 3 FINANCIAL ACCOUNTING Timer Notes Evaluate Feedback Print A one-year store rental lease was signed on March 1 for $1,000 per month, and rent for the first 2 months was paid in advance. (Note: Record the complete entry for the March 1 transaction first, and the complete March 31 adjusting entry second] Account: Cash Dollar amount: -2000 Account: Prepaid Rent Dollar amount: -1000 Account: Prepaid Rent Dollar amount: -1000 Account: Leare Blank Dollar amount: A Prepaid Rent amount: Fot.Leak Fixtures and Equipment Accounts Payable Interest Payable Wages Payable Tries 0/5 Previous. Thes My general references on what is marked a NEW Mars NEW..longer. rodite Reoly (Fr Apr 9 02:45:11 pm 2021 (EDT) paid rent increase 3300. For the second part it should be vent expense decrease prepaid rent decrease but p down menu Notes Payable thy Mcauliffe Reply. (Fri Apr 9 03:02:45 pm 2021 (EDT) Paid-in Capital Retained Earnings or 13 01:10:49 am 2021 (EDT)) id rent, prepaid rent, then retained earnings in that order. I am leaving the Sth account blank. It is marked correct. Is there another way I should be entering in my answers? Leave Blank