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-   -   Deposit (https://www.askmehelpdesk.com/showthread.php?t=23594)

  • Mar 29, 2006, 12:43 AM
    flower1
    Deposit
    Refundable deposit is classified as liability or not?
  • Mar 29, 2006, 03:43 AM
    RickJ
    Yes, it is a liability.
  • Mar 29, 2006, 09:50 PM
    CaptainForest
    Yep, liability.

    It is unearned revenue.

    Most likely a current liability to be precise.

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