Restaurant
Annual Rent Payment (Prepaid)
Paying one year of rent upfront to the landlord at the start of the lease.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Prepaid Rent | Asset (+) | 12,000.00 | - |
| Cash / Bank | Asset (-) | - | 12,000.00 |
💡 Accountant's Note
Common in Jordan where landlords often demand 6–12 months upfront. The full payment is an asset; JOD 1,000 moves to Rent Expense each month.
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