if the amount recieved on september 1, year 1, had covered s period of 18 months, how should noreen report the deferred rent amount on its statement of financial position, december 31, year 1?

Return to que Deferred rent revenue 76,500 2 Dec 31 Year 1 51,000 Deferred rent revenue Rent revenue 51,000 2. If the amount received on September 1, year 1, had covered a period of 18 months, how should Noreen report the deferred rent amount on its statement of financial position as at December 31. year 1? Answer is complete but not entirely correct. Statement of financial position Year 1 Current liability 0 Noncurrent liability 76,500