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Answer the amounts U Saved Required information [The following information applies to the questions displayed below.] On November 1, 2019, Wenger Co. paid its landlord

Answer the amounts

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U Saved Required information [The following information applies to the questions displayed below.] On November 1, 2019, Wenger Co. paid its landlord $4,620 in cash as an advance rent payment on its store location. The six-month lease period ends on April 30, 2020, at which time the contract may be renewed. d. If the advance payment made on November 1, 2019, had covered an 18-month lease period at the same amount of rent per month, how should Wenger Co. report the prepaid amount on its December 31, 2019, balance sheet? Non-current asset Current asset O

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