Of course. As long as they're still in that house and still living there, rent should be paid.
No. It has been reduced from 19% of rent paid to 15% of rent paid.
Expense is any cost that the firm incurs to earn the particular revenue. Most expense are required to be paid except for a few "non-cash expense" such as depreciation. Prepaid, as suggested, are expenses paid in advance but have not yet "used" to generate revenue. It is to be used at a later date. One example of a prepaid expense would be rent i.e. prepaid rent. The owner pays the rent for the next 2 months at $100 per month. Prepaid rent = $200.
Rent is usually paid in the form of cash or check directly to the landlord or the superintendent.
Yes, what about rent in advance?
Then the rent is paid, and everything remains status quo.
There is a charge for a post office key when you rent an apartment and it can be $15.
rent paid for the use of money is called what?
Go to the post office.
Outstanding Expenses are expenses which are due at a specific point of time for example if the actual date to pay the rent is 1st july and we don't pay the rent till august end, then it is called the outstanding Expenses (outstanding rent) prepaid Expenses are expenses which are paid in advance for example if we paid the premium of Insurance in advance i.e before due date, then it calls the prepaid expenses.
No not all United States Post Offices have postal boxes available for rent. Post office boxes vary in size and price.
outstanding rent