Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


What Entries come under Bank OCC A/c. & Bank OD A/c. ?

Answers were Sorted based on User's Feedback



What Entries come under Bank OCC A/c. & Bank OD A/c. ?..

Answer / satyanarayana raju

Bank OCC-Open Cash Credit
Bank Od-Over draft
Both are loan accounts
Always Bank OCC or OD accounts shows Credit Balance
Bank current account will always show Debit Balance
You will come across Interest on loan account in Loan
account and where as you will not find such entry

Is This Answer Correct ?    160 Yes 12 No

What Entries come under Bank OCC A/c. & Bank OD A/c. ?..

Answer / anil gautam

bank occ a/c dr. to
bank od a/c

Is This Answer Correct ?    78 Yes 39 No

What Entries come under Bank OCC A/c. & Bank OD A/c. ?..

Answer / rajith

bank a/c dr
to bank od cr


bank od a/c dr
to bank a/c

bank occ a/c dr
to bank a/c

Is This Answer Correct ?    42 Yes 16 No

What Entries come under Bank OCC A/c. & Bank OD A/c. ?..

Answer / prakash

plz tell me explain of bank OD a/c

Is This Answer Correct ?    24 Yes 4 No

What Entries come under Bank OCC A/c. & Bank OD A/c. ?..

Answer / madhu bala

Bank OCC -Open Cash Credit
Bank OD - Overdraft
Both Account shows Credit balance
We can withdraw money but pay some charges as per bank conditions

Is This Answer Correct ?    17 Yes 2 No

What Entries come under Bank OCC A/c. & Bank OD A/c. ?..

Answer / mohit kumar

plz tell me explain of bank OD a/c

Is This Answer Correct ?    0 Yes 0 No

What Entries come under Bank OCC A/c. & Bank OD A/c. ?..

Answer / pavithra kirubanandhan

OCC facility avail only against your Current Assets But OD facility avail against your deposits

Is This Answer Correct ?    3 Yes 4 No

What Entries come under Bank OCC A/c. & Bank OD A/c. ?..

Answer / virender

BOTH ARE USED FOR THE BANK LIMITS

AS THE NAME OCC YOU CAN WITHDRWA AMT.

INTT. WILL BE TAKEN ON WITHDRAWAL

OCC, OD A/C BOTH WILL ALWAYS CR.

O FOR OPEN
C FOR CREDIT
C FOR CREDIT

O FOR OVER
D FOR DRAFT

Is This Answer Correct ?    19 Yes 48 No

Post New Answer

More Accounting AllOther Interview Questions

Why always Balance Sheet Tally?

3 Answers  


what is differred tax liability? explain in detail with some example.

0 Answers  


EXPAND_________SCM

0 Answers  


plz tell me short cut method in maths for clerck post in bank

0 Answers   BSRB, State Bank Of India SBI,


What is the journal entry for Call and a Put option both in the books of buyer and seller

0 Answers   Accenture,


Expand---------OMLP

3 Answers  


What is BMP in IMS?

2 Answers  


HOW TO MAINTAIN BANK A/C

0 Answers  


what is the difference between accrual and provision

2 Answers   Genpact,


what is the meaning of interim period?

2 Answers  


what is the difference between depreciation and amortnisation

3 Answers   Brigade, Genpact,


what is tds

4 Answers  


Categories