Security deposit

varun (clerk) (24 Points)

25 January 2016  
we deduct a sum of amount form expenses payable to creditor as security deposit , eg 10000/- payable as labor payment to labor contractor, we deduct 10% as security deposit , and pay balance . plz tell me (1)entry for same, (2) head under which i kept security deposit {loan(libality) / or some thing else, (3) Accounting treatment ...