Bank Overdraf is an Asset or a liability for a Bank?
- 28 Answers
- 79166 Views
- ICAI, I also Faced
- E-Mail Answers
Answer Posted / vidhya vishwakarma
my answer is bank overdraf is an asset for a bank and
liability for us because bank over draft means some time
customer has not more money in the bank. but he issue the
cheque then bank give us this facilities and bank pay to
other (who credit cheque ). ofter that we pay to bank with
interest (it is our liability)
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
what is the procedure for issuing th C form
hey! i have an interview for PO in union bank on 11th feb. can anyone please tell me what major topics should i prepare for? of course npa is there. also cibil and basel basics. is there anything else i should prepare?
• What are the types of cash flows?
when apply for ragistred in central excise no
what is meant by cash purchase?
What is meant by retiring Bill
Example for extra ordinary expenditure?
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 cost audit?
what is a Depository Participant?
What is Merchandising Accounting process
deffered tax treatment in financial statements
4. Calculate the following from the particulars given below: i) Material Cost Variance ii) Material Price Variance iii) Material Usage Variance iv) Material Mix Variance v) Material Yield Variance Material Standard Actual Qty kgs. Price Rs Value Rs. Qty kgs. Price Rs Value Rs A 50 4 200 40 5 200 B 30 6 180 30 6 180 C 20 3 60 30 3 90 100 440 100 470 Loss 20 ----- 30 ----- 80 440 70 470
What do you mean by Adjustment
what do you meant auction? what is F & o segment?
