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On november1,2013,Gordon Co. Collected $5,580 in cash from its tenant as an advance rent payment on its store location. The six-months lease period ends on

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On november1,2013,Gordon Co. Collected $5,580 in cash from its tenant as an advance rent payment on its store location. The six-months lease period ends on April 30,2014,at which time the contact may be renewed. Value 0.60 points Required: Use the horizontal model to record the effect of the six months of rent collected in advance on November 1, 2013 for Gordon Co

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