answersLogoWhite

0

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.

User Avatar

Marilyne Corwin

Lvl 10
3y ago

What else can I help you with?

Related Questions

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 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.


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 a subsidiary buying shares of its parent company?

You have to deal with special legal issues. Having a business lawyer help deal with the procedures and help out.


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 weighted average number of shares in accounting terms?

Weighted average number of shares = shares outstanding at start of year + shares at end of year / 2


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 are the accounting journal entries to record security deposit?

The accounting journal entries to record a security deposit should be a separate entry titled security deposit. You should include the tenants name, and it should be considered a liability since you will have to return it at some point.