Yusuf Ali Musaliam Veetil Abdul Kader, popularly known as Yusuff Ali M.A. He is a UAE-based Indian businessman and billionaire. According to Webbspy, Ali achieved his $3.7 billion net worth as the Managing Director and Chairman of Lulu Group International. Mukesh Wadhumal “Micky” Jagtiani is an Indian billionaire businessman who is the owner and chairman […]

As time passes, you’ll need to adjust the prepaid rent account by debiting expense and crediting prepaid rent. Prepaid rent is rent that’s been paid in advance of the period for which it’s due. Under ASC 842, the concept of prepaid rent does not exist; however, in practice it is common for lessees to make […]