Logistics
Shipping Line Container Deposit
Recording a refundable deposit paid to a shipping line to take a container out of the port.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Refundable Deposits (Port) | Asset (+) | 1,000.00 | - |
| Cash / Bank | Asset (-) | - | 1,000.00 |
💡 Accountant's Note
This is an asset, not an expense. The money is returned once the empty container is returned to the shipping line's yard.
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