Follow Our FB Page << CircleMedia.in >> for Daily Laughter. We Post Funny, Viral, Comedy Videos, Memes, Vines...

Bank Overdraf is an Asset or a liability for a Bank?

Answer Posted / vijayshankar

Bank Overdraft is an assets for bank and its liability for
us

Is This Answer Correct ?    9 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How to make an adjustment entry for the variation of physical asset Vs book value of asset. For example: As per asset register there are 1000 computers where as 950 computers are available in stores. How to make an adjustment entries for the difference of 50 quantities?

1343


WHAT IS THE DIFFERENCE BETWEEN PUBLIC COMPANY AND PRIVATE COMPANY? MUTUAL FUNDS? GOOD WILL? ABOUT YOUR PROJECTS?

1220


Hi, I am doing Data Entry jobs in Accounts. please let me know "How to maintain Medical stores accounts"?

1343


wht can u do for the growth of bhel?

1149


My BASIC Salary is 18,000

821






What does stand for EPD,MIS? Can anyone tell me briefly n clearly about this?

1393


What is pre-paid amount? What is post-paid amount? Explain received in advance? Explain paid in advance?

1295


Dear all We have purchases the dialer & loger with all equipement for setup new call center from simens ltd. i taken to in our books as plant & machinary under fixed assets .So we want the rate of deprecation. Please answered me .

2590


What will be the consequences if the partnership is not registered

1107


EXPAND___________NAA

1061


AT THE TIME OF REDEMPTION OF DEBENTURES. WHEN THERE IS PROFIT/LOSS ON SALE OF DEBENTURES WE TRANSFER THAT AMOUNT IN PROFIT AND LOSS A/C BUT WHEN WE CANCEL OUR DEBENTURES AFTER BUYING IT FROM OPEN MARKET THE DIFFERENCE BETWEEN MARKET VALUE AND COST OF DEBENTURES TRANSFER TO "CAPITAL RESERVE ACCOUNT .. WHY SO ANY PRACTICAL ANSWER ??

1182


How and by whom the Percentage of Depreciation is fixing?

1536


can any one send me payables real time scenarious or any projects

1254


How can i prepare MIS report for Finance?

1542


What type of questions are asked for Interview of Manager Finance in Airport Authority of India ?

869