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Is rent a debit or credit?
If you are paying rent it is a debit. If you are a landlord receiving rent its a credit.
What is the journal entry of rent income?
rent due to landlord
Can one person rent a 2 bedroom apartment?
Yes, but only if the rent amount is going to be the same or less than the payment standards for a one bedroom apartment, and then only if the Housing Authority determines you can afford it, factoring in the utility allowance for a one-bedroom apartment.
What is a deferred rent payable?
Deferred rent payable is the sum of the difference between a monthly rent payment and the monthly rent expense of an operating lease that contains escalated payments in future periods. The rent expense is the sum of all rent payments over the term of the lease divided by the number of periods contained in the lease otherwise known as straight-line amortization. This rent expense amount can/may differ from the monthly rent payments. The difference is deferred rent payable.
Is rent a tax write off in Wisconsin?
Personal rent...no.
How land can earn economic rent and quasi rent using diagrams?
dnt anything i just want assistance from you
Scholars is associated with the economic theory of rent?
Thomas Robert Malthus
Why do people support rent control?
Rent control is a program where the landlord is prohibiting from raising the rent. Some advantages of rent control is that it ensures affordable housing, and retains economic and social diversity.
Is it more economic to rent a calculator or buy one?
This is a very good question but one that can be very easily answered. It is more economic to BUY a calculator because it will cost you more in the long run to rent one.
How much does the average American spend on rent?
The average can greatly differ based on location and economic conditions.
How do you calculate economic occupancy for a apartment complex?
Total net income divided by gross potential rent
What has the author Ivan Timofeevich Beliaev written?
Ivan Timofeevich Beliaev has written: 'Differentsial'naia renta v SSSR' -- subject(s): Agriculture, Economic aspects, Economic aspects of Agriculture, Rent (Economic aspects)
Is economic rent fixed in total supply?
Land is completely fixed in total supply. No matter how high the rent, no more can be brought into use. Thus rent serves no incentive function; the same amount of land will be available no matter how high the rent. But the resulting argument that rent is a surplus that could be eliminated without reducing the supply is to look at it from the viewpoint of society only.
What factors do economists consider to be economic resources?
Generally, economic resource (reward): Land (rent); Labour (wages); Capital (interest); Entrepreneurship (profit). Combined with management and economic risk taking and specific needs of the market give output.
HOw do I find assistance with bills and rent, being a single mother of 3. ?
Check with your Dept of Economic security or your local salvation army
Why is rent cheap for apartments in the ghetto?
If you look at any city or region, you will notice that people of different economic groups flock together. Real estate is more expensive in more desirable areas. Rent is cheaper in less desirable areas. Rent in any given area is set to what the market will bear.
What has the author T A Broadbent written?
T. A. Broadbent has written: 'Employment, obsolescence and investment in new technology' 'Options for planning' 'An attempt to apply Marx's theory of ground rent to the modern urban economy' -- subject(s): Rent (Economic theory), Rent 'An introduction to factor analysis and its application in regional science'
