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    lydiagriffin1's Avatar
    lydiagriffin1 Posts: 1, Reputation: 1
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    #1

    Sep 29, 2006, 05:14 PM
    Accured rent revenue
    Scenario: company leases out to tenant 12/08 space for 5000 per mo. Tenant decides to pay starting 1/8/09.

    Quest 1: prepare the journal entry that must be mae 12/31/08 to record rent rev.

    Quest 2: prepare journal enrty to record receipt of rent on1/8/09.:confused:
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #2

    Sep 29, 2006, 10:58 PM
    So they were suppose to start paying rent Dec. 1 2008 but didn't until Jan 8, 2009?

    Is that what you are asking?
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