bank overdraft is a liability or asset
Answers
Answered by
1
Answer:
here's your answer ...
Explanation:
Yes. Bank overdraft is the amount payable by the bank since the amount drawn is more than the balance held. Bank balance is the amount owned by the firm that is lying deposited in the bank, thus, it is an asset.
Answered by
3
Answer:
Bank overdaft is a Liability
Explanation:
Bank overdraft means Amount exceeded Withdraw more money than bank account
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