I have 2 simple question re: reconciling expenses from a local bank's checking account that was specifically opened for household expenses.
Here's the scenario:
2 primary room mates have contributed and deducted funds for 1 year's lease
Roomate (RM) #1 opened the account in his name and gave RM#2 full access to conduct business out of the account.
Both RM(s) were responsible for 1/2 of all expenses with one exception: RM #1 paid $60 toward the cable, phone and internet bill which left RM#2 with the balance which was approx $100 monthly.
RM2 had the responsibility of all utility bills in their name.
A 3rd RM was added for a three month period to help provide temporary housing until they could find permanent housing. This RM was responsible for paying 1/3 rent and all utilities with the exception of the cable, phone and internet bill which they agreed to split the balance of the bill (after RM #1's $60 deduction for the payment). They also agreed to pay 1/3 of any misc household expenses (minor expenses, i.e. Walmart)
Finally 2 questions:
1. Excluding the rent that RM#3 paid monthly, does the balance owed for utilities go to RM#2 who was responsible for paying the utility bills or RM#1 who opened the account in his name?
2. Would 1/3 of the misc household expenses go to the house account to be split between RM1 and 2? Why would it go #2 because he physically opened the account?