Refundable key money deposit

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Estee
Posts: 2
Joined: 15 Jul 2021, 10:30

Refundable key money deposit

Post by Estee »

How do we account for refundable key money deposit in rentals? Is it included in ROU or we book as a separate account? What will be the entries then?
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Marek Muc
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Joined: 15 Oct 2018, 17:21
Location: Warsaw, Poland

Re: Refundable key money deposit

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Estee
Posts: 2
Joined: 15 Jul 2021, 10:30

Re: Refundable key money deposit

Post by Estee »

Thank you very much for the clarification.
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