Tenants deposit protection scheme

Posted by leicsred PM | on Tue, 09/08/2011 - 11:10 1083 1 comment | report

A limited company has two residential investment properties which are rented out to members of the public. Their deposits have been put into the Tenants deposit protection scheme, should we just ignore this in the accounts as it is not the companies money, or should it be shown as an asset and liability?

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Asset & Liability

Euan MacLennan | Tue, 09/08/2011 - 14:08