What details does a deposit receipt include?

What details does a deposit receipt include?


Following details are included in a deposit receipt:

1) Date of receipt

2) Name and address of depositor

3) Amount of deposit

4) Rate of Interest

5) Date of maturity.
Does leasing release the firm from bad investment? Explain.
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What is hired purchasing?
Hire purchase is an agreement between the owner of goods, called Hiree and the user of the goods…
How is the accounting for lease transactions done?
Accounting for lease transactions are done on the following basis:…
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