Bank Overdraf is an Asset or a liability for a Bank?
Answer Posted / prasanta
when a customer withdrawing more money than the deposit
amount then it is called overdraft and the customer has to
pay this amount along with the interest to the bank.That's
why it is a liability for the customer whereas it is
regarded as an asset for the Bank.
| Is This Answer Correct ? | 3 Yes | 1 No |
Post New Answer View All Answers
how a fund flow statement benefit the individual, corporate?
Hello... i am looking jobs in investment banking, derivates and BRS and i apply nakuri,Timesjobs and monster. But i did not get the job. so if websites and ID. Please help me.. Thanking u...
write about an e-mail to manager seeking permission for leave
what is purchase tax in rajasthan.
What is TDS entry for a Firm? as previous years TDS is shown as opening balance in the books of the firm in current year and i don,t want in C.Y as its claimed in the Computation of Previous Years???? So what is the A/C ing entry
The Analysis of flow of funds through an organization can be very useful to the managment. Elucidate
institutional investors?
what is the difference between accounts manager and finance manager?
explain sales/purchase accounting?
EXPAND___________INMA
if not found suitable for the post applied for, are you willing to be considered for a lower post yes / no ? why?
Distinguish between sale and consignment
How can you actualize cah flows of 5 years at 8%
Apportion Rs 125000/- Nett loss among the partners A,B,C as per their sharing ratios 32%,16% and the balance to C. Pass journal entry
discounted our own note 60-18% for 4,500 note. the proceeds will be directly credited to bank account. what is the entry of this?