Bank Overdraf is an Asset or a liability for a Bank?
- 28 Answers
- 79135 Views
- ICAI, I also Faced
- E-Mail Answers
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
What is the journal entry for Call and a Put option both in the books of buyer and seller
Suppose the production is more and sales less then what will happen
What is the basic difference between pledge, hypothication and mortgage????
Hi, If I am placing the order in amazon on behalf of the customer who place the order in other e-commerce application in which If I mention the billing address of the customer and goods will be delivered to the customer from amazon ,and other E-commerce site will deduct their commission on the certain % and make the payment to me on some what profit at that time how should maintain my books of account..??
what is data entry? what is report generation ?in accounting how it is used .
EXPAND_________SCM
I was born on 4th may 1981 iam i eligible to apply for SBI clerical job vacancy
Dear all, Could you suggest me that if got a job in a/cs in Big org but on payroll of Outsourcing company,What should to prefer the company payroll or job the ?
i need sbi bank clerk exam model question papers
Can I check my Vantage credit score range online?
1. The controlling department wants to see depreciation amount on internal orders. Which customizing setting do you need to make in asset accounting?(any 3 answer) Make the internal order in active assignment object. Make the internal order an account assignment object for the depreciation run. Set the field internal order to required or optional in the screen layout. Enhance relevant transfer variant by adding the field internal order. Assign the field internal order to account determination.
Expand--------AA
what is the difference between planned and non planned budgt
send me accounting test ppaers
Expand-------ANC
