The Lloyd Legal Agency agreed to represent a client at a rate of $5000 per month. A six month  prepayment was required prior to the Lloyd agency beginning to work because the new client was a new business with relatively no credit history.  Payment was made and services began on November 1, 20X6. December 31, 20X6 is the end of the Lloyd agency accounting year.  What is the November 1, 20X6 entry to record the prepayment? (ignore VAT)