Answered: What are CAM charges?

Business

Finance

What are CAM charges?

Accounting Information Systems

10th Edition

ISBN:9781337619202

Author:Hall, James A.

Publisher:Hall, James A.

Chapter6: The Expenditure Cycle Part Ii: Payroll Processing And Fixed Asset Procedures

Section: Chapter Questions

Problem 10RQ

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What are CAM charges?

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Step 1

Answer:

CAM: The abbreviation of CAM is Common area maintenance charges. These are one of the total fees payable to tenants in a (NNN) lease, which are payable by occupants in commercial property’s owner.

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