supplier's deposit is a liability? In which account i write supplier's deposit? Or it is asset or liability?
Final Accounts Sum
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The deposit itself is a liability owed by the bank to the depositor. Bank deposits refer to this liability rather than to the actual funds that have been deposited. When someone opens a bank account and makes a cash deposit, he surrenders the legal title to the cash, and it becomes an asset of the bank.
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you can say this is "supplier's deposit
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