Question

which balance are called ‘overdraft’ of cashbook and passbook ?​

Answer 1

Answer:$\huge\green{goodmoring}$

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debit balance

debit balance(or sometimes OD) means that there is an overdraft and called debit balance as per passbook. An overdraft is treated as negative figure on a bank reconciliation statement.

hope it helps you stay safe and blessed❤️

Answer 2

Answer:

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debit balance

(or sometimes OD) means that there is an overdraft and called debit balance as per passbook. An overdraft is treated as negative figure on a bank reconciliation statement.