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    Alyssa3290's Avatar
    Alyssa3290 Posts: 1, Reputation: 1
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    #1

    Feb 11, 2009, 04:51 PM
    Unearned rent revenue
    Where does the unearned rent revenue go in the balance sheet?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Feb 11, 2009, 05:12 PM

    It is a current liability
    noahchase1's Avatar
    noahchase1 Posts: 6, Reputation: 0
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    #3

    Feb 11, 2009, 05:38 PM
    It's a liability until earned. Then it becomes revenue.
    Cynthia514's Avatar
    Cynthia514 Posts: 37, Reputation: 1
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    #4

    Feb 12, 2009, 12:40 PM
    Quote Originally Posted by pready View Post
    It is a current liability
    Predy, we can't just say it's in the current liability because in case you have an unearned lease revenue for, let say 10-15 years. Just the current portion will be considered as current and the rest is long-term liabilities.
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