No. It might be considered a prepaid item, if first and last month of the lease is considered in the agreement, or it may be considered a receivable amount, such as deposit receivable. It is not an expense until such time as it is forfeited, or paid in lieu of rent.
No. It might be considered a prepaid item, if first and last month of the lease is considered in the agreement, or it may be considered a receivable amount, such as deposit receivable. It is not an expense until such time as it is forfeited, or paid in lieu of rent.
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