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Can a apartment collect a debit after 8 months the lease was broken?
Wiki User
∙ 14y ago
You should make sure that the bill is legitimately for an issue with your leasing the apartment. Hopefully, you did a walkthrough and paid the penalties for breaking the lease at the time. The new debit should reflect any unpaid charges. Pay the bill with a check or money order, keep a copy of that and get a signed receipt from the complex that it has been paid. Just because they are billing you now is not particularly relevant to whether you have to pay it 8 months later.
Wiki User
∙ 14y ago
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Can you rent an apartment without a credit card or debit card?
I have never had to use a credit or debit card and I have rented numerous places in Ohio for about 7 years.
Prepaid rent would appear in the debit column in the unadjusted trail balance Is this true or false?
It appears in the debit column since you have + resources for the next X number of months.
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.
Is debit an adjective?
No. It is a noun or verb. A "debit" is a deduction from a liabilities balance, related to the noun "debt." In accounting it is an increase in assets and a decrease in liabilities, the opposite of a credit (given). Used as a verb it means to list or incur a debt. It is used as a noun adjunct, e.g. debit card, debit entry.
Can you buy a mega millions lottery ticket with a debit card in Texas?
NO reason why not - assuming the store accepts debit cards for payment of goods.
Can an estate collect a debit?
Certainly, the debt is considered an asset of the estate and must collect it.
Is the current months rent expense is a debit or credit?
debit
Can you rent an apartment without a credit card or debit card?
I have never had to use a credit or debit card and I have rented numerous places in Ohio for about 7 years.
Is receiving cash as a commission for acting as rental agenting an apartment credit or debit?
A credit, if you were taking money out of an account to pay a commission that would be a debit. So we have learned a credit is-money coming in and a debit is-money going out
Can a merchant charge a debit card 2 months after transaction?
Yes. You have had two months free money so you were up on the deal.
Prepaid rent would appear in the debit column in the unadjusted trail balance Is this true or false?
It appears in the debit column since you have + resources for the next X number of months.
What is the Journal Entry if a company paid cash for this months utilities?
Debit Utilities expense Credit Cash
How the direct debit payment system works?
A direct debit payment solution is simply a financial transaction in which one person withdraws funds from another person's bank account. Formally, the person who directly draws the funds instructs the bank to collect (i.e. debit) an amount directly from another's bank account - and then pay those funds into a bank account designated by the payee. Direct Debit is an agreement between yourself and your bank, which authorizes the bank to allow an organization to collect a regular or irregular payment from your account. It is actually managing your funds better!
Can a bank collect a missed direct debit payment on another day?
Yes. Usually auto debit collections do not happen on Sunday's and national holidays. the Bank has the right to make the collection on the next day or any other day it finds that the collection was missed.
How are services paid months in advance for services rendered recorded in a journal?
[Debit] Advance expenses [Credit] Cash / bank
How debit card different from credit card?
When you used your debit card, your purchases will be drawn against your savings or checking account, while when you use your credit card, your purchases will be charged to the credit card issuer, which will collect from you with certain interest added to the total amount of your purchases.
Is prepaid insurance a debit or credit?
Debit
