Interested to Buy Any Domain ? << Click Here >> for more details...
Bank Overdraf is an Asset or a liability for a Bank?
- 28 Answers
- 87983 Views
- ICAI, I also Faced
- E-Mail Answers
Answer Posted / yadagiri
Why don't we think in a different angle? i.e. is there any
chance that Balance Sheet of a Bank contains 'bank OD' on
liabilities side? In that case it is certainly a LIABILITY
for the bank in whose B/S it is shown.
Other wise the answer given by most of our friends is correct.
I have given this answer keeping in view that question is
little bit ambiguous.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
What is money measurement concept
how we will prepare n file income tax returns for individuals?explain
The partners agreed to take hero honda vehicle of Rams as firms vehicle by giving credit to his capital account. The vehicle was valued for Rs 65000/-Pass necessary entry
Prepare a trading account, profit and loss Account and Balance sheet form the following trail balance and other adjustments as on 31.12.2009 Adjustments: 1. Closing stock R 7060 2. Allow interest on capital at 6% p.a 3. Insurance prepaid Rs 60 4. Depreciate Building and furniture at 10% p.a. 5. Wages due Rs 40 6. Provide 10% RBD and 5% on debtors and creditors 4. From
What is wealth maximisation
how to entry of hra
how to make a project accounting in tally erp9 ?
EXPAND_________SCM
Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry
Difference between nonoperating expentiture and non cash expenditure
1.What are the basic accounting Standards ?? 2.What is the main importance of Bank Reconcilation Statement? 3. What is Form 407 in Vat ??
Plz send me the questions that could be asked in an interview for a Bank Clerical job to suja_aln@yahoo.co.in. Thank you.
what is dividend? how do the use an accountancy?
Expand---------PED
What was key roles of Cashflow statement and Fund flow statement and Balnsheet..?
