Respuesta :

The landlord records the security deposit she collects from the tenant as a Liability.

Because When a company collects a security deposit from a customer, the amount appears on its balance sheet as a liability. It might be listed as Security Deposits Refundable or something similar Security Deposit means the deposit to be held by the owner as security for the due performance of the contractual.

Deposits are cash deposits with the commercial banks by the people.

Refundable payment will be paid back to you in certain circumstances.

Contractual is an agreement, either written or spoken, between two or more parties that creates a legal obligation.

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