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Question
what is credit balance of bank define briefly???
 Question Submitted By :: Shakeel
I also faced this Question!!     Rank Answer Posted By  
 
  Re: what is credit balance of bank define briefly???
Answer
# 1
Credit Balance of Bank means Bank Overdraft and it comes on 
balance sheet under liabilities or assets side but with 
minus sign means ( ).
 
Is This Answer Correct ?    3 Yes 3 No
Ankur
 
  Re: what is credit balance of bank define briefly???
Answer
# 2
Bank credit balance meant that the  banker is laible to 
paid us. And if we have a credit balance accouding to bank 
statement is mean we have " cash at bank" and in our book 
we show in the assets side but bank show laiblities side.
 
Is This Answer Correct ?    9 Yes 2 No
Vikas Baheti
 
 
 
  Re: what is credit balance of bank define briefly???
Answer
# 3
We have an account in the bank and can encash it when ever 
we want .
 
Is This Answer Correct ?    1 Yes 1 No
Aandal
 
  Re: what is credit balance of bank define briefly???
Answer
# 4
credit balance of bank means deposited amount by the 
customer
 
Is This Answer Correct ?    3 Yes 0 No
Abid Ali
 
  Re: what is credit balance of bank define briefly???
Answer
# 5
cr. balance of bank a/c shows the amount available with 
bank for that particuler customer or account which he or 
she can withdraw anytime.
 
Is This Answer Correct ?    1 Yes 0 No
Kanika
 
  Re: what is credit balance of bank define briefly???
Answer
# 6
SORRY I DON'T HAVE THE ACCOUNT IN ANY BANK....
 
Is This Answer Correct ?    0 Yes 0 No
Venkey
 

 
 
 
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