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Because if utilities are not paid off within a reasonable amount of time, they get shut off. In many places, lack of electricity and/or gas can lead to it being too hot or cold for human comfort and, frequently, incur death. Water is also vital for survival.
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∙ 14y ago
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What is the Journal Entry if a company paid cash for this months utilities?
Debit Utilities expense Credit Cash
What months can't the utilities be shut off in Wisconsin?
Utilities can not be shut off in Wisconsin from November 1 to April 15. Utilities can not be shut off in Wisconsin from November 1 to April 15.
How much was apartment rental in 1973?
I paid $45.00 a month no utilities.
In what order should I pay off my mortgage, car loans and credit card debt?
Basic needs should be met first. Mortgages, rent and utilities should be paid first. Creditors want to get their money and would be willing to work with you. Ignoring creditors is never a wise decision.
How do you eliminate credit?
First, stop buying on credit. Then, start with the credit source you owe the least on and get it paid off. When it is paid off, go to the second least and pay it off. Do this until all your credit is paid off.
What is First loss payee?
This phrase refers to the order in which creditors get paid off in the event that a debtor defaults on a loan. The first loss payee would priority over other creditors, and be paid off first.
What does top off mean?
Off top means that if there is money to be earned, the person who gets 'off top' is the person that gets paid first. It also means that if there is no money left after the 'off top' person gets paid, there will be no other funds paid out.
Can a commercial landlord turn off electricity that he is supplying to a tenant if the tenant has not paid utilities?
Not unless the landlord has followed your state's laws regarding disconnection of utilities for nonpayment. Any landlord who disconnects the tenant's utilities (except temporarily for maintenance purposes) without following these laws will be guilty of constructive eviction. A constructively evicted tenant can sue the landlord for moving expenses and damages.
What does expression off top mean?
Off top means that if there is money to be earned, the person who gets 'off top' is the person that gets paid first. It also means that if there is no money left after the 'off top' person gets paid, there will be no other funds paid out.
When living off campus one way to save money is to rent an apartment where?
utilities are included. -apex(:
Have deadbeat roomate who doesn't pay rent or bills now can i cut off his utilities I have access to the circuit breaker and router?
No you can not go and cut off the utilities..it is illegal. The only way to get the deadbeat is by evicting him.
What utilities are included for partitioning hard drives?
The utilities are the first one and the second one and the most important the last one !
