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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.
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Accounting treatment for refundable deposit?
I received rental refundable deposit back, how i treat in account and what type of head is it.......
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 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 entry of deposit in a close bank?
check
Accounting treatment for refundable deposit?
I received rental refundable deposit back, how i treat in account and what type of head is it.......
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 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 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 share money deposit?
Profit reinvested i the company by its share holders is called share deposit money
What is money deposit?
Profit reinvested i the company by its share holders is called share deposit money
What is the Accounting entry of deposit in a close bank?
check
What is COD in accounting?
It may be cash on Deposit or delivery
What is Accounting entry of interest on fixed deposits?
fixed deposit A/c dr. to int on fixed deposit
What is the accounting treatment of saving deposit in closed bank?
Even if the account is closed, the cash inside of the account is still considered an asset and no accounting entries are necessary. If a new account is opened, the new account is debited the cash balance and the old account is credited.
What is share money?
Share deposit money refers to checks that can be paid on demands. Letters of credit can also be deposit money.
