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-   -   Unearned rent revenue (https://www.askmehelpdesk.com/showthread.php?t=316289)

  • Feb 11, 2009, 04:51 PM
    Alyssa3290
    Unearned rent revenue
    Where does the unearned rent revenue go in the balance sheet?
  • Feb 11, 2009, 05:12 PM
    pready

    It is a current liability
  • Feb 11, 2009, 05:38 PM
    noahchase1
    It's a liability until earned. Then it becomes revenue.
  • Feb 12, 2009, 12:40 PM
    Cynthia514
    Quote:

    Originally Posted by pready View Post
    It is a current liability

    Predy, we can't just say it's in the current liability because in case you have an unearned lease revenue for, let say 10-15 years. Just the current portion will be considered as current and the rest is long-term liabilities.

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