Accountancy, asked by jsscchandran, 3 months ago

banks overdraft is a ___for a business​

Answers

Answered by AnanyaluvsBTS
1

Answer:

Ans. As the repayment period of overdraft is 12 months, it shall be considered as current liability. An overdraft can also be considered as a short-term loan.

Answered by kevinFoster24
4

Answer:

Bank overdraft is a common external and short term source of finance for a bussiness

maddymaadhavan: hi kevin
maddymaadhavan: night time ?
kevinFoster24: hey?
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