Bank Overdraf is an Asset or a liability for a Bank?

Answer Posted / rajesh

Bank overdraft is an asset for bank. for us liability

Is This Answer Correct ?    241 Yes 18 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

you buy a $100 asset. $25 cash, $50 debt, and $25 new equity. Explain how the 3 financial statements (IS, BS, CFS) will change.

2369


what is capital market and money market? what is primary market and secondary market?

1877


What is Compliance?

1752


What is specific reserve

2179


Short answer on Allowances

1597






is there any chance for confilcts between an accountant and a sales executive ? If yes how do you resolve the same as an accountant ?

1712


The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690

6843


what is the difference between financial accouning and financial management?

1856


Purchased goods worth @25000 at 10% trade discount from seven who paid 200/- as carriage on behalf of prabhakar

1744


what is dieerence between capital cpapital structure

1983


what are the questions commomly asked in reuter's interview.?

1953


Give me total Details of payroll calculation, payslip with examples.

2354


Expand-------ANCS

1691


different between acconting and elective mathematics

1850


what is the step in preparing the schedule of audit? can someone explain for me?

1651