Question

bank overdraft is shown as a​

Answer 1

Answer: current liability

I hope it's helpful for you

Answer 2

Answer:

Explanation:

In business accounting, an overdraft is considered a current liability which is generally expected to be payable within 12 months. Since interest is charged, a cash overdraft is technically a short-term loan. ... Generally, the bank overdraft in the balance sheet will be reported as a bank overdraft double entry.