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Money earned from means other than employment or self-employment, such as interest income, dividend income, capital gains on investment, rental income, etc.

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Money earned from means other than employment or self-employment, such as interest income, dividend income, capital gains on investment, rental income, etc.

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land rent is an unearned income

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unearned income

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income recived a/c dr

to unearned income

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[Debit] Cash / bank

[Credit] Unearned Interest Income

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