1 of 6 ook re ces Required Information Exercise 5-22 (Algo) Prepaid expenses-rent LO 5-10 [The following information applies to the questions displayed below] On November 1, 2022, Wenger Company paid its landlord $4,500 in cash as an advance rent payment on its store location. The six-month lease period ends on April 30, 2023, at which time the contract may be renewed Exercise 5-22 (Algo) Parta (1) Required: e-1. Prepare the honzontal model to record the six-month advance rent payment on November 1, 2022 Note: Enter decreases to account balances with a minus sign. Assets Balance Sheet Lisbities Stockholders' Epaity Net Income Revenue Check my werk 2 of 6 #s Book Pret O erences Required information Exercise 5-22 (Algo) Prepaid expenses-rent LO 5-10 [The following information applies to the questions displayed below] On November 1, 2022, Wenger Company paid its landlord $4,500 in cash as an advance rent payment on its store location. The six-month lease period ends on April 30, 2023, at which time the contract may be renewed Exercise 5-22 (Algo) Parta (2) a-2. Prepare the journal entry to record the six-month advance rent payment on November 1, 2022. Note: If no entry is required for a transection/event, select "No journal entry required" in the first account field. View transaction Bat Journal entry worksheet < Record a six-month advance rent payment i Note: Enter debits before credits Date November 01, 2022 General Journal Debit Credit Required information Exercise 5-22 (Algo) Prepaid expenses-rent LO 5-10 [The following information applies to the questions displayed below On November 1, 2022, Wenger Company paid its landlord $4,500 in cash as an advance rent payment on its store location. The six-month lease period ends on April 30, 2023, at which time the contract may be renewed Exercise 5-22 (Algo) Part b (1) b-1. Prepare the horizontal model that will be made at the end of every month to show the amount of rent "used during the month Note: Enter decreases to account balances with a minus sign. Assets Balance Sheet Liabilites Stockholders' Equity- Net Income income Stat Save & Ext Submit Check my work