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how will make entry for bank over draft?

Answers were Sorted based on User's Feedback



how will make entry for bank over draft?..

Answer / narasimha rao

BANK A/C DR
TO BANK OVER DRAFT A/C

Is This Answer Correct ?    14 Yes 0 No

how will make entry for bank over draft?..

Answer / jay

In the account balance were available when draft issued but
before clearness account balance less then actual which is
necessary to clearness of draft in the case that draft are
called bank over draft
That draft which is not clear by the bank due to less of
amount that account are called Bank over draft

Is This Answer Correct ?    1 Yes 1 No

how will make entry for bank over draft?..

Answer / sujit

Bank charges A/c. Debit to bank A/c.

Is This Answer Correct ?    4 Yes 10 No

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