Is rental income debit or credit

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asked Jul 3, 2022 44.0k views

2 Answers

Daniel Camarda · Answer 1 · 2022-07-05T06:43:27+0000

Rent Income is recorded by crediting the account. Cash is debited if cash is received. Rent Receivable is debited if it is to be collected at a later date.

Is rental income debit or credit

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