Real Estate
Advance Rent Received (Unearned)
Recording 12 months of rent received upfront from a commercial tenant at lease commencement.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash / Bank | Asset (+) | 60,000.00 | - |
| Unearned Rental Revenue | Liability (+) | - | 60,000.00 |
💡 Accountant's Note
Common in Jordan where landlords require 12 months in advance. The cash is not revenue yet — it is a liability representing the obligation to provide accommodation each month.
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