what is notional interest on securtiy deposit. Please give some examples of notinal interest.?
2 Replies
Venkateswar Reddy
(Audit Assistant)
(195 Points)
Replied 01 February 2016
How much interest would have been earned on the Free Security Deposit, if it is invested in some other earned securites.
In other words, what is the oppotunity gain for Free security deposit made.
Example,
1. Amount invested in own Business instead of Others Business (who will pay a certain rate of interest.)
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