Accounting


A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

  Dictionary  »  Letter C  »  customer deposits

customer deposits

A liability account on the books of a company receiving cash in advance of delivering goods or services to the customer. The entry on the books of the company at the time the money is received in advance is a debit to Cash and a credit to Customer Deposits.


» For more clarity on this term: 

  ← Go Back
Learn about our 2010 Master Accounting Download Package

Now you can highlight, make notes, and study away from your computer.

Complete PDF Package

Click Here to Learn More