My understanding is that in operating leases if the lessee pays a Security deposits to lessor then the lessor records it as "unearned revenue" if it is non refundable and as "refundable deposit"liability for refundable deposits.

now for the NONREFUNDABLE security deposits

during the term of lease should the lessor record the revenue evenly over the life of lease or will the lessor only record revenue at the end of lease?

thanks

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FAR JULY 6TH 2009

asp 87

Thanks,

that makes sense.

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far 06july 2009