Thanks for joining us here in the Community, @miranda2.
Let me share some clarifications about the correct account to be used for rent in QuickBooks Desktop.
The liability account was used to account tenants' security deposit since this can be given back to the tenant by the time he stops from renting. On the other hand, rent is recorded under the income amount because this is already a money in transaction for the business.
For more details about the workflow of the accounts in QuickBooks Desktop, you may refer to these articles:
This should get you moving today.
Feel free to reach back out to me if you have any other questions with accounts or any QuickBooks related things. I'd be happy to help you out. Have a great day!
