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Virtual teams usually utilise some form of technology to enhance communication among individuals who are members of the team.
Prepaid Rent
The amount paid for rent before it is due, recorded as an asset on the balance sheet and expensed over the period the payment covers.
Rent Revenue
The income earned from leasing out properties or assets to tenants under rental agreements.
Unearned Rent
Payment received for rent before the rental period has occurred, classified as a liability until earned.
Office Supplies
Items used in offices on a regular basis for administrative tasks or operations, including pens, paper, and staplers.
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