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wht is overdrafting and where we have to shown.

Answers were Sorted based on User's Feedback



wht is overdrafting and where we have to shown...

Answer / omer khan

overdrafting means directing a banker to pay the amount
which is more than the amount available in the bank account

Is This Answer Correct ?    5 Yes 0 No

wht is overdrafting and where we have to shown...

Answer / sony joy

overdrafting is the process of taking loan from bank for
conducting business. and it is shown as the liability in the
balance sheet

Is This Answer Correct ?    3 Yes 0 No

wht is overdrafting and where we have to shown...

Answer / moti

While you see bank statment it shows dr.balence that means
bank will collect money from you.in other word you spend
more money in respect to bank balence

Is This Answer Correct ?    2 Yes 0 No

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