Bank Overdraf is an Asset or a liability for a Bank?
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Answer Posted / sandeepkumar_thakur
Bank overdraft is an asset of any bank bcoz bank is going to
charge interest on its. Bank O/D come in the Balance sheet
under loan and advances head. On the other hand Bank O/D is
liab for us and its come in liab side of Balancesheet under
secured loan head
| Is This Answer Correct ? | 12 Yes | 3 No |
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