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The following information applies to the questions displayed below On November 1, 2013, Wenger Co. pald Its landlord $4,500 in cash as an advance rent
The following information applies to the questions displayed below On November 1, 2013, Wenger Co. pald Its landlord $4,500 in cash as an advance rent payment on its store location. The six-month lease perlod ends on April 30, 2014, at which time the contract may be renewed. . Award: 1 out of 1.00 point Required a.1 Prepare the horizontal model to record the six-month advance rent payment on November 1, 2013. + for increase and for decrease). Balance Sheet Income Statement Stockholders Assets Liabilities Net Income Revenues Expenses Cash -4500 Prepaid rent +4500
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