Unearned Rent Revenue is

A. a revenue account.

B. reported as a current liability.

C. a contra account to Rent Revenue.

D. debited when rent is received in advance.

The correct answer is option B.

Explanation:

The unearned rent revenue will be reported as a current liability. The reason behind this is that unearned revenue is prepaid revenue or advance payments for goods or services that the firm has to provide in the future.

Unearned revenue is a liability because the goods or services are yet to be provided and there is a chance that the order might get canceled, or seller might not be able to provide to them.