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What else can I help you with?
An example of deferred revenue is unearned rent True or false?
true
Lease rent paid prior to construction of a building is to be capitalised True or False?
true
An example of deferred revenue is Unearned Rent?
true
Could freemen could rent land and hire serfs?
True.
Is lease rent paid prior to construction of a building is to be capitalised?
true
The Prepaid Rent account represents rent paid in advance and is classified as Current Assets true or false?
Yes prepaid rent is rent paid in advance and as normally it is for short term or for one fiscal year that's why it is shown under current assets.
Is it legal for a landlord to post your name on a sign for unpaid rent?
If it is true fact, then yes.
Is it true that if a former landlord doesn't submit a bill within a month the renter is not responsible for back rent?
Normally this is not true. It's just that most landlords don't bother suing for back rent because they know that the former tenant can't pay it.
What is the adjusting entry for Rent owed at the end of the month?
The adjusting entry for rent owed at the end of the month involves debiting the Rent Expense account and crediting the Rent Payable account. This entry recognizes the expense incurred during the month even if it has not yet been paid, ensuring that financial statements reflect the true financial position. For example, if $1,000 in rent is owed, the entry would be: Debit Rent Expense $1,000 and Credit Rent Payable $1,000.
Is it true that the movie Paranormal Activity can possess your house?
You mean, you're worried that if you rent or buy the movie Paranormal Activity, the presence of the movie in your house will cause your house to become haunted?No, of course that is not true. Ghosts may very well exist, but I seriously doubt they care what movies you rent.
What is the true meaning of lease space for small business.?
Lease space is where you rent a space for your business. It is rent for your business, what money you make from your business that month can help go toward pay the lease on the space.
Can my name be removed from a lease if my husband is staying in that rental and I'am renting another place from the same landlord without being held responsible for bills and rent at the previous rent?
This depends on if your husband is on the original lease. If other bills are in your name than the rent you are responsible for those. If the forner is true you can have your name removed.
