Accountancy, asked by ayushichoubey3395, 1 year ago

Is a security deposit for a rental agreement recorded in a liability account?

Answers

Answered by Anonymous
0
NO ...
I THINK IS..
A ASSET OF THE BUSINESS..

BCOZ FIRM PAID SECURITY DEPOSIT IN ADVANCE.

SO IT'S A ASSET OF BUSINESS.

HOPE YOU UNDERSTAND...
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