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Somerset leasing received $50,400 for 24 months' rent in advance. how should somerset record this transaction?

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asked Oct 3, 2019 235k views

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Somerset leasing received $50,400 for 24 months' rent in advance. how should somerset record this transaction?

Business
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Annet asked

by Annet

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1 Answer

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maybe on a balance sheet, to keep track of everything monthly

Dariaa answered Oct 10, 2019

by Dariaa

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Somerset leasing received $50,400 for 24 months' rent in advance. how should somerset record this transaction?

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