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Is a certificate of deposit considered cash?

No. Certificates of deposit should be classified as cash equivalents or short-term investments. This is because there are usually restrictions or penalties on these securities when they are converted to cash.


Is Utility deposit considered accounts payable?

No, generally a utility deposit is not a payable. On the rare chance that the company allows you to "make payments" on the deposit, until it is paid, the it would be a payable, however, that generally is not the case. A utility deposit is generally required as a "security" deposit to the company providing the service and as a rule must be paid in advance before said service can be activated. Most companies after a prescribed amount of time will and certain requirements are met (no late payments, no disconnection, etc) will refund the deposit to the person/company. If this is the case, then a utility deposit that may be refunded after a certain period of time is actually considered an asset.


Can you told me the Meaning of cash deposit?

A cash deposit is when you take actual cash (dollars and coins) to the bank and deposit them.


Is electricity deposit an asset?

Yes, a utility deposit is an asset.


What is a cash vault and safety deposit box?

what is a cash vault deposit


What is a cash deposit slip?

A cash deposit slip is the same as a receipt, it is proof of your deposit, how much it is when you deposited etc.


What has the greater value 25'912 cash plus 29913 interest deposit or 18608 cash plus 37200 interest deposit?

25'912 cash plus 29913 interest deposit or 18608 cash plus 37200 interest deposit


Why contra entry passed for cash deposit and cash with drawls?

withdraw and deposit entry


What is cash deposit adjustment?

When you have cash deposit credit adjustment how do you post it to ledger account


What is cash deposit credit adjustment?

When you have cash deposit credit adjustment how do you post it to ledger account


Can I deposit cash at Charles Schwab?

Yes, you can deposit cash at Charles Schwab through their mobile deposit feature or by visiting one of their branch locations that accept cash deposits.


Which has greater value 52565 Cash plus 33455 Interest Deposit or 39999 Cash plus 44925 Interest Deposit?

my Question is which has greater value? $52.565 cash plus $33.455 interest deposit or $33.999 cash plus $44925 interest deposit