Ask Experts Questions for FREE Help !
Ask
    helensubash's Avatar
    helensubash Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Dec 22, 2010, 03:53 AM
    Unearned rental income shows under which section of Balance sheet?
    Unearned rental income shows under which section of Balance sheet
    Just Looking's Avatar
    Just Looking Posts: 1,610, Reputation: 480
    Ultra Member
    		  
    #2

    Dec 22, 2010, 05:33 AM

    Unearned rental income occurs when you receive payment for a service you have not provided, so you still owe that service. It's a liability.
    mariloursaberon's Avatar
    mariloursaberon Posts: 4, Reputation: 1
    New Member
    		  
    #3

    Jan 17, 2011, 01:57 AM
    Liability Section of Balance Sheet
    Income not yet earned...
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

What does this means when a balance sheet shows negative balance of bank account [ 0 Answers ]

Unearned rent revenue falls under balance sheet or income statement [ 1 Answers ]

Unearned rent revenue falls under balance sheet or income statement If it is under balance sheet, is it under current liabilities section

View more questions Search