This accounting study guide shows that when Rent is earned, the landlord records Accrued Rent Revenue.

Is this another name for Accounts Receivable, or is Accounts Receivable different from the mentioned account?

Expense incurred before cash paid Accrued expense- liability Salaries, wages, interest Pent taxes Using the payment and receipt of $100 for rent, the entries made by the renter and rentee are shown below. Landlord (Rentee) Tenant (Renter) CASH RECEIVED THEN RENT EARNED Dec. entries: Rent paid December 31 Unearned Rent (liability) Cash 100 Prepaid Rent (asset) 100 100Cash 100 Rent revenue is deferred) Unearned Rent Rent expense is deferred) 100 Rent expense Jan. entries: January rent earned 100 Rent revenue 100 Prepaid Rent 100 RENT EARNED THE CAce Reht Reveue (asset) 100 100Acrued Rent Expen9e5 100 Accrued Rent Revenue(asset)' (Rent revenue is accrued) Cash Dec. entries: December rent paidRent Revenue on January 1 100 Accrued Rent Expenses 100 Rent expenses liability) Auaom o Rent expense is accrued) Jan. entries: December rent collected 100Accrued Rent Expense 100 Accrued Rent Revenue 100 Important points to note. The revenue and expense are recorded in the period the economic event occurred (e.g, using the space) The accrual and deferral accounts are simply holding the revenue or expense amounts on the balance sheet until they can be recognized on the income statemente