Difference between revisions of "Deposit Funds"

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Accounts established to record amounts held temporarily by the Government until ownership is determined (e.g., earnest money paid by bidders for mineral leases) or held by the Government as an agent for others (e.g., State and local income taxes withheld from Federal employees’ salaries).
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[[Account|Accounts]] established to record amounts held temporarily by the [[Government]] until ownership is determined (e.g., earnest money paid by bidders for mineral leases) or held by the Government as an [[agent]] for others (e.g., [[State]] and local [[income tax|income taxes]] withheld from Federal employees’ [[salary|salaries]]).
  
 
[[category:economics]]
 
[[category:economics]]

Revision as of 03:05, August 29, 2007

Accounts established to record amounts held temporarily by the Government until ownership is determined (e.g., earnest money paid by bidders for mineral leases) or held by the Government as an agent for others (e.g., State and local income taxes withheld from Federal employees’ salaries).