Question

Credit bank balance is:
I) an assets. II) profit
III) loss. IV) none of these

Answer 1

Answer:

none of these

Explanation:

the credit bank balance is a liability and an extra money expenditure make by the owner from his bank balance

Answer 2

Answer:

none of these

Explanation:

a credit bank balance is a liability which means it can be an overdraft. or a short term loan that is taken in order to pay back within 12 months

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