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! Required information [The following information applies to the questions displayed below.] On November 1, 2019, Wenger Co. paid its landlord $3,660 in cash as

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! Required information [The following information applies to the questions displayed below.] On November 1, 2019, Wenger Co. paid its landlord $3,660 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. 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. (Use amounts with + for increases and amounts with for decreases.) Balance Sheet Income Statement Assets = Liabilities + Stockholders' Equity Net Income = Revenues Expenses Prepaid rent Rent expense

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