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