what is the non current liability

Suppose the advance collection received on November 1, 2016, covered an 30-month lease period at the same amount of rent per month How should Gordon Co report the unearned rent amount on its December 31, 2016. balance sheet? On November 1, 2016, Gordon Co, collected $6, 240 in cash from its tenant as an advance rent payment on its store location. The six-month lease period ends o n April 30, 2017, at which time the contract may be renewed