Bank Overdraf is an Asset or a liability for a Bank?
Answer Posted / m.saraswathi
Bank O/D is an asset to the bank & liability to the a/c
Holder
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
Which entry we pass self entry like cash withdraw for ourself
Give me total Details of payroll calculation, payslip with examples.
Suppose My received Interest Income is 24934.59 And for the same time my Bank Charge total is 7785.19. Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt. Account.What will be the Journal Entry for 17149.40. Here, Already Bank Charge 7785.40 is Already Debited and 24934.59 is already credited in Journal.
can payorder be issued for outstation?if yes then how?should it be account payee?
What is the difference between Risk, Threat & Hazard?
define fixed assets
If DEBT/EQUITY ratio 2:1, is to good or bad for a company? how...??? can u explain it...???
what is balance sheet, capital budgeting, financial statements, current ratio, profit maximization?
What is the Formula For Return on Working Capital
---------is the main or principle book of accounts
What is compensation theorem?
A----------involves transfer of money or moneys worth from one person to another
What is Provision for expenses?
EXPAND______________ICC
I want to know that if i get call from Mumbai Circle in SBI. what does it mean where will be my posting and my job profile, will i get accomodation from bank or not.