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What is rent received?
Prepaid rent received is money "your company" has "received" from a customer to pay rent for "x" amount of time, or prepaid.Prepaid Rent Received is actually an "income" or "revenue" if you are renting out a building, home, apartment, whatever.This is just the opposite of Prepaid Rent that is used in the expense. Instead of paying rent, you are receiving it.Say you own a house you are renting out and the tenant decides to pay 6 months rent in advance, you get the money, but it is recorded as a prepaid rent received, as you now still owe him the full six months rent, you are now obligated to the tenant for the next six months and therefor prepaid rent received (similar to unearned revenue) is a liability for you until the rent is used up.
What is prepaid rent receive?
Prepaid rent received is money "your company" has "received" from a customer to pay rent for "x" amount of time, or prepaid.Prepaid Rent Received is actually an "income" or "revenue" if you are renting out a building, home, apartment, whatever.This is just the opposite of Prepaid Rent that is used in the expense. Instead of paying rent, you are receiving it.Say you own a house you are renting out and the tenant decides to pay 6 months rent in advance, you get the money, but it is recorded as a prepaid rent received, as you now still owe him the full six months rent, you are now obligated to the tenant for the next six months and therefor prepaid rent received (similar to unearned revenue) is a liability for you until the rent is used up.
What percentage of business income should go to rent?
Percentage of business income should not be used to decide rent. Business needs and desires should be used to calculate rent. You could be making hundreds of thousands of dollars working out of a home office.
What do you pay to the landlord before you move in?
To move into a dwelling, the landlord is going to generally ask you for the first month's rent, a security deposit, and often times the last months rent. Every state has its own rules about this and you should check with it. In South Carolina and Florida your security deposit may not exceed one month's rent. And in both states that security deposit may not be used as rent unless you and the landlord mutually agree.
If you pay a security deposit and first months rent is the following month going to be in full payment of the rent or prorated?
The first month's rent pays for your first month in the apartment. You will owe the agreed-upon rent to the landlord the second month. I can't see why anything would be prorated--your security deposit cannot be used for rent.
Are used vans reliable?
If you buy or rent a used van from a reliable company then it should be reliable.If you buy or rent a used van from people take it to your local auto repair and ask them to check the van.
Is rent a noun?
it depends. I will pay the rent. in this sentence it is used as a nounI will rent the house. in this sentence, rent is used as a verb
Can Listerine be used 13 months out of date?
No. Nothing should be used out of date
Can you rent a car in England with a us license?
Yes, you can. You may drive in the UK on a full US driving license, for up to 12 months after you enter the country, you are limited to small vehicles, so could not hire a minibus or drive a HGV. If you are a tourist, then you should have no problem hiring a car, this is something that happens regularly. If you have migrated to the UK, you will need to apply for a UK license as your US one can only be used for 12 months.
If you gave a 600 deposit when you rented a house can you legally use that as part of your last months rent?
Normally not: a security deposit cannot be used as last month's rent, nor vice versa, without mutual agreement.
Should you capitalize the months in spanish?
In Spanish, months are not capitalized unless they are used at the beginning of a sentence or part of a proper noun.
When Prepaid rent expired during the month The adjusted prepaid balance of 4000 relates to the period of October 20x2 through 20x3?
When prepaid rent expires, the expense for the period must be recognized in the financial statements. In this case, the adjusted prepaid balance of $4,000 pertains to the rental period from October 20x2 through 20x3. This amount should be allocated to the appropriate expense account for the months it covers, reflecting the cost of rent for the period until it is fully expensed. As the prepaid rent is used up, it reduces the prepaid asset and increases the rent expense on the income statement.
