Difference between revisions of "Deposit Funds"
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| − | '''Deposit Funds''' are[[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]]). | + | '''Deposit Funds''' are [[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 03:52, January 7, 2008
Deposit Funds are 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).