Accountancy, asked by preranashelke790, 19 days ago

Current account include rs 4000000 debit balance being overdraft meaning

Answers

Answered by ranaayush5903
0

Answer:

Being in the red or overdrawn on current account means, in short, that your bank has granted you credit so that you don't miss payments or have insufficient funds. ... Your bank can charge you the overdraft fees and interest established in your contract.

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Hope.it.help.you

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