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Liability - It is not your money until the tenant moves out and is either reimbursed or used up.

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13y ago

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Related Questions

What will not appear on a balance sheet?

temporary acct will not appear on balance sheet


Why does the workforce never appear in a balance sheet?

why is it that workforcs never appear in balance sheet


Where does an escrow payable appear on a balance sheet or a income statement?

balance sheet


How would fees receivable appear on the balance sheet?

Fees receivable would appear on the balance sheet as an asset.


When is Bad debt expense removed from the balance sheet?

Bad Debt Expense does not appear on the balance sheet. It is only on the income statement. Allowance for Uncollectible Accounts does appear on the balance sheet.


Where does unearned fees appear on the balance sheet?

On the balance sheet as a current liability.


Where does stationary go on a balance sheet in business studies?

Stationery, as an accounting item, does not appear on a business Balance Sheet. The Balance Sheet is reserved for assets and liabilities. The Income Statement reflects income and expenses and because Stationery is an expense item it will appear on the Income Statement and not the Balance Sheet.


How should the heading of a balance sheet appear?

The heading of a balance sheet should have a blue header title.


Where would unearned rent appear on the landlord's balance sheet?

In the current liability section of the balance sheet.


Do nominal account appear in balance sheet?

No


Is refundable deposits on balance sheet?

Yes, refundable deposits are typically recorded on the balance sheet as assets, specifically under current assets if they are expected to be returned within a year. These deposits represent amounts paid by a company that are expected to be refunded in the future. When the deposit is returned, it will decrease the asset and cash balance accordingly.


What statements do accounts payable appear on?

balance sheet

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