Tenant allowance

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» Tenant allowance

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Jun 18, 2008, 01:02 PM

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sleepsavvy is offline

Join Date: Jun 2008

Posts: 1

Tenant allowance

I received a check from a new landlord for a tenant allowance. I know that I debit the cash account - but what account do i credit?

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Jun 19, 2008, 07:15 PM	#2

morgaine300 Accounting Expert Join Date: Feb 2008 Posts: 1,397	Too vague, and you're assuming accounting people know landlord/tenant stuff. First, are you the tenant? Second, what's the allowance for? I even worked for a property management company once, but it doesn't mean I know what you're referring to. Can't tell you what to do with it if I don't know what this "allowance" is for.

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