Unearned rent,representing rent paid for the next six months' occupancy,would be reported on the landlord's balance sheet as a(n)

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Unearned rent is considered a liability because the landlord has received payment for rent that has not yet been earned (i.e., the occupancy has not yet occurred). The landlord has an obligation to provide the occupancy for which the tenant has paid, making it a liability.

Unearned Rent,representing Rent Paid for the Next Six Months' Occupancy,would