Question
art aubrey owns and operates an apartment building. During 2015, he received the following: Payment on 6/1/15 for 12 months of advance rent $4,800 Monthly
art aubrey owns and operates an apartment building. During 2015, he received the following:
Payment on 6/1/15 for 12 months of advance rent $4,800
Monthly rent payments $43,200
Security Deposits to be returned to tenants at end of lease $3,000
Payments for cancelling a lease $400.00
Deductible maintenance rental expenses paid by tenants $600
What is Art's gross rental income?
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Management A Practical Introduction
Authors: Angelo Kinicki, Brian Williams
5th edition
978-1111821227, 9781133190363, 1111821224, 1133190367, 978-0078112713
