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Question added by Md. Shahrier Aswad, Accounts Officer, Finance & Accounts Department, Center for the Rehabilitaion of the Paralysed (CRP) - 8 years ago

If your "cash at bank" closing balance have a negative balance due to overdraft, or issuing balance crossing outstanding cheque, where will you show it? 1) In current asset , or 2) in Current liability. and why?

Accounting

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