On November 1 2008 paid 6 875 for five months of rent in advance what is the journal entry and adjusting entry at end of December 31 2008?

6875 paid for five months so one month rent = 6875/5 = 1375

General entry is as follows

November 1, 2008 [Debit] Prepaid Rent 6875

[Credit] Cash 6875

December 31, 2008 [Debit] Rent Expense 1375

[Credit]Prepaid Rent 1375