Required information [The following information applies to the questions displayed below.] On November 1, 2019, Gordon Co. collected $31,800 in cash from its tenant 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. Required: a-1. Use the horizontal model to record the effect of the six months of rent collected in advance on November 1, 2019 for Gordon Co. Indicate the financial statement effect. (Enter decreases with a minus sign to indicate a negative financial statement effect.) Assets Balance Sheet Income Statement Liabilities Stockholders' Equity Net Income Revenues Expenses + a-2. Use the horizontal model to record the effect of the adjustment that will be made at the end of each month to show the amount of rent "earned" during the month for Gordon Co. Indicate the financial statement effect. (Enter decreases with a minus sign to indicate a negative financial statement effect.) Assets Balance Sheet Income Statement Liabilities Stockholders' Equity Net Income Revenues Expenses +