Ready to test your Knowledge?
Try out our new practice tests completely free!
exam preparation banner icon

When Cash Is Debited for Rents That Are Collected but Are

Question 53
Multiple Choice
arrowQuestion 53arrow
Multiple Choice

When cash is debited for rents that are collected but are not yet earned, the amount credited should be

A) recognized as revenue when collected.
B) presented as a liability until earned.
C) recorded as an asset until earned.
D) presented as a separate item in shareholders' equity.

Choose question tag
close menu

10+ million students use Quizplus to study and prepare for their homework, quizzes and exams through 20m+ questions in 300k quizzes.


Explore our library and get Accounting Homework Help with various study sets and a huge amount of quizzes and questions

Get Free Access Now!
Textbook Solutions
Textbook Solutions

Find all the solutions to your textbooks, reveal answers you would’t find elsewhere

Find Solutions
Search By Image
Search By Image

Scan any paper and upload it to find exam solutions and many more


Studying is made a lot easier and more fun with our online flashcards

Find Flashcards