Ask Question
6 June, 14:33

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

+5
Answers (1)
  1. 6 June, 15:21
    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?
Get 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 there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers