what is credit balance of bank define briefly???

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what is credit balance of bank define briefly???..

Answer / vikas baheti

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 ?    101 Yes 9 No

what is credit balance of bank define briefly???..

Answer / kanika

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 ?    34 Yes 4 No

what is credit balance of bank define briefly???..

Answer / abid ali

credit balance of bank means deposited amount by the
customer

Is This Answer Correct ?    30 Yes 15 No

what is credit balance of bank define briefly???..

Answer / ankur

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 ?    45 Yes 32 No

what is credit balance of bank define briefly???..

Answer / matt acct

well...a credit bank balance in accounting terminology
menas that the person in whose account this belongs to is
under an obligation to pay the bank back the entitlement of
such balance. This money has been owed to the account
holder by the bank and must be repaid. It is found under
the liabilities section of any Statement of Financial
Position.

Is This Answer Correct ?    12 Yes 3 No

what is credit balance of bank define briefly???..

Answer / razack

HELLO VENKEY if you don't know the answer then why you are
answering like this.

Is This Answer Correct ?    11 Yes 3 No

what is credit balance of bank define briefly???..

Answer / a.balajee rao

vredit balance of bank mean we have a cash balance in our
bank account

Is This Answer Correct ?    9 Yes 2 No

what is credit balance of bank define briefly???..

Answer / priyanka

Suppose that a customer has to pay a credit card bill of
5000 Rs. and he paid 5500. Remaining 500 becomes the Credit
balance.

Is This Answer Correct ?    8 Yes 3 No

what is credit balance of bank define briefly???..

Answer / aandal

We have an account in the bank and can encash it when ever
we want .

Is This Answer Correct ?    13 Yes 10 No

what is credit balance of bank define briefly???..

Answer / abid ali

as per bank credit means due to the customer
as per company credited balance from bank means deposited
cash

Is This Answer Correct ?    7 Yes 4 No

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