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• 08:15, 21 March 2023 Lukegao1 talk contribs created page How to Account for Customer Deposits (创建页面，内容为“ Accounting for customer deposits involves recording the amount of money that customers pay in advance for goods or services that they will receive in the future. Here are the steps to account for customer deposits: 1. Create a liability account: The first step is to create a liability account on the balance sheet to record the customer deposit. This account is usually called "customer deposits" or "unearned revenue." 2. Record the deposit: When a customer m…”)