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    1506emili's Avatar
    1506emili Posts: 1, Reputation: 1
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    #1

    Sep 9, 2008, 03:24 PM
    Unearned rent/end of period worksheet
    I am doing an end of period worksheet and I do not know how to post unearned rent. I have a credit balance of 2200.00 and at the end of the month the unearned rent is 1000.00Where/what do I credit and/or debit?

    Thank you.
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Oct 22, 2008, 05:55 PM

    The Debit will be to Unearned Rent Revenue
    The Credit will be to Rent Revenue
    muslimrao's Avatar
    muslimrao Posts: 34, Reputation: 2
    Junior Member
    		  
    #3

    Nov 3, 2008, 04:33 AM

    Unearned Rent (DR) - 1200
    Rent Income (CR) - 1200
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