What is the proper treatment of bank overdraft in the financial statements?

Question added by LIZA CERENADO , Accountant General , Mazroui Construction Technology LLC
Date Posted: 2016/03/25

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by Natalia Pimenova , Sales And Marketing Executive , AL Ameer

There is a special type of bank overdraft called 'book bank overdraft' which represent situation in which the balance as per cash book is negative while the balance as per bank book is positive

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