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1506emili
Sep 9, 2008, 03:24 PM
I am doing an end of period worksheet and I do not know how to post unearned rent. I have a credit balance of 2200.00 and at the end of the month the unearned rent is 1000.00Where/what do I credit and/or debit?

Thank you.
pready
Oct 22, 2008, 05:55 PM
The Debit will be to Unearned Rent Revenue
The Credit will be to Rent Revenue
muslimrao
Nov 3, 2008, 03:33 AM
Unearned Rent (DR) - 1200
Rent Income (CR) - 1200