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    Foxy01's Avatar
    Foxy01 Posts: 1, Reputation: 1
    New Member
     
    #1

    Jun 28, 2008, 03:58 PM
    Acruals or unearned rent
    Rent revenue on trial balance is 15400 representing 11 months. December rent has not been received. What would be the adjusting entry?
    Criado's Avatar
    Criado Posts: 142, Reputation: 15
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    #2

    Jul 1, 2008, 04:36 AM
    Debit. Rent Receivable 1,400
    Credit. Rent Revenue 1,400

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