bethofmary
Aug 30, 2009, 05:27 PM
On Sept. 8th A company received $10,000 cash from McBryan Construction Co. as advance payment on rental equipment.
My question is would that be a debit to cash and a credit to unearned rental fees or would the credit be rental fees earned.
My question is would that be a debit to cash and a credit to unearned rental fees or would the credit be rental fees earned.