Hello,
What could be the Accounting Entry if a Company Accepts Security Deposits which need to be pay back after the complition of tenure or Contract. ?
What will be the gouping of Accounts involved in the same ?
Menu
Entry for security deposits
Replies (1)
the entry for the Security Depsits would be as follows:
Bank A/c Dr xxxx
To- Security Deposits Payable xxxx
As per the revised Schedule Vi the Security deposits should be shown under the head Non-current Liabilities in sub-head loOther Long Term Liabilities
Recent Threads
- Tds deduction queery
- Check ITR1 on income tax Form ITR1 Instead of 1 ho
- Form 121 requirement
- Interest on reversal of ITC when ITC balance avail
- Is MirrorFly an Instant Messaging Software?
- ITR filling for legal heir
- How Can I qualify CA Final Exam?
- Wrong reporting on 22 april 2026 under article inc
- Articeship Form 107
- TAN for Multiple States
Related Threads
CAclubindia
