In case of rent ,two account may be opened.rent received is credited to rent receivable account;rent paid to rent account.at the end of the year the profit and loss is debited to rent paid and credited with rent receivable.help me in criticizing the above treatment of rent account.

I took on the job of my friend as his . Property Manager in the aspects when it comes to representing him in legal matters of tracking down recently evicted tenants to collect their delinquent rent. I have been looking all over the internet to find some answers on a particular case. Since I...

Dear Sirs, I have a lease agreement as a Landlord. The property is located in Denver, COLORADO. Tenants have not paid the rent for 11 days. I sent them an eviction notice. Tenants do not respond on my phone calls and do not even bother to call me back knowing that eviction is coming. My...

I signed a lease in a college-oriented apartment complex with an agreement to pay $525 a month. Only a few weeks later they have advertised the apartments at $475 a month. I have not even moved in yet and people are living in the same apartment for $50 cheaper. Is this legal? I tried to reason with...