Real Estate
Tenant Security Deposit Refund
Returning a tenant's security deposit at the end of the lease after inspection.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Tenant Deposits Payable | Liability (-) | 10,000.00 | - |
| Cash / Bank | Asset (-) | - | 10,000.00 |
💡 Accountant's Note
This clears the deposit liability once the property has been inspected and no deductions are required.
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