Bank overdraft comes under which head in balance sheet

Asked by admin @ 23/08/2021 in Accountancy viewed by 443 People

Is bank overdraft will come under which head in preparation on balance sheet

Answered by admin @ 23/08/2021

Current liabilities

in Equity and liabilities side

I hope this was helpful

Bank overdraft is debit or credit in trial balance

Asked by admin @ 20/08/2021 in Accountancy viewed by 635 persons

In trial balance bank overdraft is debit or credit

How to do a vertical analysis of a balance sheet

Asked by admin @ 29/10/2021 in Business viewed by 299 persons

When performing vertical analysis of a balance sheet, the base amount is ________. a.total cash and cash equivalents b.gross profit c.total assets d.net income?

Banking sector comes under which of the following sectors

Asked by admin @ 13/08/2021 in Economy viewed by 322 persons

Banking sector comes under which of the following sectors a . manufacturing sectorb. industrial sectorc. service sectord. none of these

Credit balance of bank account in cash book shows

Asked by admin @ 13/08/2021 in Accountancy viewed by 540 persons

Credit balance in the bank column of cash book shows:

Simple interest is earned on a bank balance true false

Asked by maham237 @ 25/06/2021 in History viewed by 300 persons

Closing bank balance

Asked by maham237 @ 16/02/2021 in History viewed by 525 persons

John’s bank statement shows a closing balance for a given month as $2,200 and his personal account register shows a closing balance for the same month as $2,050. John investigated …

The beginning balance on the monthly bank statement

Asked by maham237 @ 13/01/2021 in Business viewed by 328 persons

The beginning balance on the monthly bank statement for Aretha's checking account was $462.79, and the ending balance was $256.03. What can be said about Aretha's transactions for the month? …

Bank overdraft is an asset of the business

Asked by admin @ 29/08/2021 in Accountancy viewed by 537 persons

Bank overdraft is an asset of the business? True or false with reasons

First woman to head a public sector bank

Asked by admin @ 24/08/2021 in Social Sciences viewed by 297 persons

........... is the first woman to head a public sector bank.; 1) Arundhati Bhattacharya; 2) Shikha Sharma; 3) Chanda Kochar; 4) Usha Ananthasubramanyan

What is the difference between balance sheet and trial balance

Asked by admin @ 28/10/2021 in Business viewed by 334 persons

Select all that apply What is the difference between an adjusted trial balance and an unadjusted trial balance? (Check all that apply.) Multiple select question. The adjusted trial balance is …

Stock investments to be sold in 7 months balance sheet

Asked by admin @ 03/12/2021 in Business viewed by 345 persons

Classify each of the following financial statement items taken from Ming Corporation’s balance sheet. Classify each of the following financial statement Stockholders’ EquityLong-term InvestmentsCurrent AssetsIntangible AssetsLong-term LiabilitiesCurrent LiabilitiesProperty, Plant, and …

Assets are listed on the balance sheet in order of

Asked by admin @ 05/11/2021 in Business viewed by 290 persons

A balance sheet lists assets in order of their ______________. dollar value, from smallest to largest date of acquisition, with the most recently acquired assets listed first liquidity, with the …

Accounts receivable is classified on the balance sheet as a

Asked by admin @ 28/10/2021 in Business viewed by 301 persons

Show how Accounts Receivable, Notes Receivable, and their related accounts would be reported in the current assets section of a classified balance sheet at the end of the quarter on …