Security deposit received from tenants treatment
This query is : Resolved
04 November 2014
Dear Team,
Security Deposit received from tenants at the time of initial AGREEMENT what will be treatment Latter on, say at the time of Receiving we just shown as LAibility and while making the payment same will be adjusted in Security Deposit account.
Now the Question Arises weather thesame will be conisered in cash flow or not as the money came in and same has been hold as Liability and repaid
Please advise.
Security Deposit received from tenants at the time of initial AGREEMENT what will be treatment Latter on, say at the time of Receiving we just shown as LAibility and while making the payment same will be adjusted in Security Deposit account.
Now the Question Arises weather thesame will be conisered in cash flow or not as the money came in and same has been hold as Liability and repaid
Please advise.
04 November 2014
same shall be considered and form part of CASH FLOW.
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