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Required information [The following information applies to the questions displayed below) On November 1, 2022, Gordon Company collected $10,080 in cash from its tenant

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Required information [The following information applies to the questions displayed below) On November 1, 2022, Gordon Company collected $10,080 in cash from its tenant as an advance rent payment on its store location. The six-month lease period ends on April 30, 2023, at which time the contract may be renewed Required: a. 1. Use the hortzontal model to record the effect of the six months of rent collected in advance on November 1, 2022 for Gordon Company 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 Company Complete this question by entering your answers in the tabs below. Required A1 Required 2 te the horizontal model to record the effect of the six months of rent collected in advance on November 1, 2022 for Gordon Company Note: Enter decreases with a manus sign to indicate a negative financial statement effect A Halance Sheet Lisbe Socanci Ely Required A2 > Expres Help Save & Ex Checke

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