Difference between deposit and loan

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@student
234 Points Posted on 26 February 2014

I find some deposits and loans under th group Unsecured Loans on liability side of BS 

 

kindly help me in understanding of the same 

Difference between the deposti and Loans 

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On 26 February 2014 at 16:16 Report
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Accountant
902 Points Posted on 26 February 2014

Both Deposit and Loan shown under unsecured loan are to be repaid but loan shall be paid alongwith some interest and deposit without any Interest

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On 26 February 2014 at 16:35

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