Accountancy, asked by shekhmakki786, 11 months ago

Bank overdraft account ​

Answers

Answered by lakshya4237
1

Explanation:

An overdraft is an extension of credit from a lending institution that is granted when an account reaches zero. The overdraft allows the account holder to continue withdrawing money even when the account has no funds in it or has insufficient funds to cover the amount of the withdrawal.

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