Ask Question
18 September, 10:59

what is interest on term deposit recieved. Do you record it in cash budget, is it cash receipt or payment?

+1
Answers (1)
  1. 18 September, 11:50
    0
    Term deposits refer to cash held at any financial institution (i. e. bank). interest earned on that would be cash receipts
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “what is interest on term deposit recieved. Do you record it in cash budget, is it cash receipt or payment? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers