wht is overdrafting and where we have to shown.

Answers were Sorted based on User's Feedback



wht is overdrafting and where we have to shown...

Answer / omer khan

overdrafting means directing a banker to pay the amount
which is more than the amount available in the bank account

Is This Answer Correct ?    5 Yes 0 No

wht is overdrafting and where we have to shown...

Answer / sony joy

overdrafting is the process of taking loan from bank for
conducting business. and it is shown as the liability in the
balance sheet

Is This Answer Correct ?    3 Yes 0 No

wht is overdrafting and where we have to shown...

Answer / moti

While you see bank statment it shows dr.balence that means
bank will collect money from you.in other word you spend
more money in respect to bank balence

Is This Answer Correct ?    2 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

If Bank OD In Balance Sheet Which Site Showing?

12 Answers  


3.In TALLY,we used to call tally erp 9.like that,in sap we used to call SAP ECC 6.0.here what is ECC?,i know the abbreviation of ECC.i want to know the role of ECC?

0 Answers   Genpact,


EXPAND_________BID

2 Answers  


Expand ------PASA

1 Answers  


40. If revenue was $70,000, expenses were $59,000, and the owner’s withdrawals were $25,000, the amount of net income or net loss was: a) net income of $11,000 b) Net income of $36,000 c) Net loss of $59,000 d) Net income of $70,000

3 Answers   Capmark,


Expand MNS

1 Answers  


Suspence A/c is ___________ Account? a) Real b) Nominal c) Personal d) All

8 Answers  


bonus shares?

22 Answers   Capital IQ,


Fill in the blank Losses Capital

1 Answers  


What is the difference between Debit and Credit Card?

4 Answers   Quatrro, RBI, VCCI,


On which part we should give more attention while preparing balence-sheet.

5 Answers   Taikisha,


WHAT IS THE MEANING OF BLUE CHIP COMPANY?

2 Answers  


Categories