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