[mpawlow]

Is Unearned rent on a balance sheet belong under an asset, liability or under owners equity?

[CaptainForest]

It is a liability.

[bberna]

Unearned revenue,which is under the current liabilities.

[mobinil1]

Hello
Uneraned Rent is a liability that falls under the Current Liabilities section of the Balance Sheet, here is the way Uneraned Rent is presented:

Company Name
Balance Sheet
Date
Liabilities, & Stockholders' Equity:
Current Liabilities
Accounts Payable XXXX
Unearned Rent xxxx

[hoa780]

Hi there, Iam doing accounting in balance sheet but I it does not balance so what can I find uneared rent? Help me please

[mobinil1]

Hello Hoa780

Please read my answer above:

Uneraned Rent is a liability that falls under the Current Liabilities section of the Balance Sheet, here is the way Uneraned Rent is presented:

Company Name
Balance Sheet
Date
Liabilities, & Stockholders' Equity:
Current Liabilities
Accounts Payable XXXX
Unearned Rent xxxx

[morgaine300]

hi there, Iam doing accounting in balance sheet but I it does not balance so what can I find uneared rent? help me please

Why do you think it's the unearned rent that's not making it balance? You're saying the balance sheet doesn't balance, but if you know that unearned rent actually exists, then you have to have already seen it somewhere, right? In which case, why can't you find it? It appears you are the one making the balance sheet, off information you're getting from somewhere else. I am trying to figure out, how do you know unearned rent exists at all if you don't have it listed somewhere? But you're saying you can't find it. If it's already on the balance sheet (in the liabilities), then you've found it, already have it, and I don't see what that has to do with not balancing. Your balance sheet could be out of balance for any number of reasons.

I do not understand exactly what you're doing here because the question doesn't make any sense.