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Non refundable deposit refundable when?
Non refundable deposit means that the deposit will NOT be refunded to you at any time in the future after you make the non refundable deposit.
What is the accounting treatment of deposit in closed bank?
it is not included since the bank is already closed
Accounting treatment for customer advanced deposit?
Its a liability, an amount your company owe to that customer.
What is accounting treatment for deposit for share?
If the deposit for shares does not meet the definition of liability i.e. there is no obligation to pay back then it should be treated as equity.
What is accounting treatment for deposit for shares?
If the deposit for shares does not meet the definition of liability i.e. there is no obligation to pay back then it should be treated as equity.
Non refundable deposit refundable when?
Non refundable deposit means that the deposit will NOT be refunded to you at any time in the future after you make the non refundable deposit.
What is the difference between a refundable and non-refundable deposit?
A refundable deposit can be returned to you if you meet certain conditions, while a non-refundable deposit cannot be returned to you under any circumstances.
What is the accounting treatment of deposit in closed bank?
it is not included since the bank is already closed
Accounting treatment for customer advanced deposit?
Its a liability, an amount your company owe to that customer.
Is a deposit on a used car refundable?
A deposit on a used car may or may not be refundable, depending on the terms agreed upon with the seller. Typically, if the deposit is non-refundable, it means the buyer forfeits it if they decide not to proceed with the purchase. However, if the seller agrees to a refundable deposit, the buyer can get their money back if they do not complete the transaction. Always clarify the terms before making a deposit to avoid misunderstandings.
How do get your deposit back from a car dealer if you don't buy the car?
That depends on whether you signed anything when you put down the deposit, and whether it was a refundable deposit or a non-refundable one.
Is a non refundable deposit legal?
I've never heard of a non-refundable rent deposit. The term "deposit" is money that is left to cover certain damages if they occur. Otherwise one is entitled to its entire or partial refund (normally with receipts and documentation explaining the offset amounts). If a "Deposit" is non-refundable, then it's not a deposit, rather a fee-- typically the case with pet fees.
What is accounting treatment for deposit for share?
If the deposit for shares does not meet the definition of liability i.e. there is no obligation to pay back then it should be treated as equity.
What is accounting treatment for deposit for shares?
If the deposit for shares does not meet the definition of liability i.e. there is no obligation to pay back then it should be treated as equity.
What is the accounting treatment for 'deposit for shares'?
If the deposit for shares does not meet the definition of liability i.e. there is no obligation to pay back then it should be treated as equity.
What is the policy for the non-refundable deposit for this apartment?
The policy for the non-refundable deposit for this apartment is that once it is paid, it cannot be returned to you under any circumstances.
What is a half down non refundable deposit?
A half-down non-refundable deposit would be a 50% deposit on what you're making the deposit on (a $700 per month rent apartment might require a half-down deposit, i.e. $350), this deposit will not be returned at the end of the term / deal / transaction.
