what is credit balance of bank define briefly???
- 14 Answers
- 59308 Views
- Genpact, HDFC, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / vikas baheti
Bank credit balance meant that the banker is laible to
paid us. And if we have a credit balance accouding to bank
statement is mean we have " cash at bank" and in our book
we show in the assets side but bank show laiblities side.
| Is This Answer Correct ? | 101 Yes | 9 No |
Answer / kanika
cr. balance of bank a/c shows the amount available with
bank for that particuler customer or account which he or
she can withdraw anytime.
| Is This Answer Correct ? | 34 Yes | 4 No |
Answer / abid ali
credit balance of bank means deposited amount by the
customer
| Is This Answer Correct ? | 30 Yes | 15 No |
Answer / ankur
Credit Balance of Bank means Bank Overdraft and it comes on
balance sheet under liabilities or assets side but with
minus sign means ( ).
| Is This Answer Correct ? | 45 Yes | 32 No |
Answer / matt acct
well...a credit bank balance in accounting terminology
menas that the person in whose account this belongs to is
under an obligation to pay the bank back the entitlement of
such balance. This money has been owed to the account
holder by the bank and must be repaid. It is found under
the liabilities section of any Statement of Financial
Position.
| Is This Answer Correct ? | 12 Yes | 3 No |
Answer / razack
HELLO VENKEY if you don't know the answer then why you are
answering like this.
| Is This Answer Correct ? | 11 Yes | 3 No |
Answer / a.balajee rao
vredit balance of bank mean we have a cash balance in our
bank account
| Is This Answer Correct ? | 9 Yes | 2 No |
Answer / priyanka
Suppose that a customer has to pay a credit card bill of
5000 Rs. and he paid 5500. Remaining 500 becomes the Credit
balance.
| Is This Answer Correct ? | 8 Yes | 3 No |
Answer / aandal
We have an account in the bank and can encash it when ever
we want .
| Is This Answer Correct ? | 13 Yes | 10 No |
Answer / abid ali
as per bank credit means due to the customer
as per company credited balance from bank means deposited
cash
| Is This Answer Correct ? | 7 Yes | 4 No |
What is deffered tax liability and how it is adjusted in future.Should we take it as part of networth
sir, for exa.one salary for month rs.28000/- goss but he has no pf and esi and pt deduct but he will pay only rent rs.8200/- per month and insurance 16500/- so now i deduct from his salary tds
I need all WNS interview questions
N N SALES: DEPT A 150000 DEPT B 2500 100000 newspaper 1000 rates 500 elect 250 salary 10000 stock 1/4/92 :dept A 2300 DEPT B - stock :1/4/93 dept A 1200 dept B 700 newspaper 300 prepare trading profit and loss account. thanx
while i creating a main asset master there is a error called process being terminated? pls send the solution
what is contingent asset
What is finance lease
0 Answers Capital IQ, Genpact,
WHERE ARE ISSUE H FORM
please tell me debit credi entry , in respect of salary advance and how to deduct,advance paid to employee
6 Answers Morgan Stanley, Tops Technologies,
Expand-------CAN
please give the sbi bank clerk exam paper model in last five years?
what is importance of accounting?
Audit 
