Bank overdraft is the part of Balance sheet or P&L?

- Newsfeed
- Find People
- More
- - Products By Bayt.com
    
    Bayt.com
    
    Shagheel
    
    Specialities
    
    Learning
    
    Companies
    
    Salaries
    
    People
    
    Blog
    
    Podcasts
- - العربية
- Use Our Mobile App
  
  Get contacted by recruiters directly with our newest chat feature!
  
  Download Now

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Next Question:
The definition presented below is for bank overdraft, but what the definition of...
Posted by:
Almutaz Bakry Sidahmed
11-October-2014

Bank Accounting

Question added by Muhammad Naeem (Mughal Family) , Executive Finance & Accounts , ALPHA CONTAINER INDUSTRIES (PVT) LTD.
Date Posted: 2016/12/06

Upvote (0) Views (5) Followers (1) Answers (1) Report Question

Write an Answer
Register now or log in to answer.

1 Answers

by Love Kumar , Senior Auditor , Puthran Chartered Accountants

Balance Sheet. It is liability by nature.

Upvote (0)

Downvote Reply () Report

Popular Searches

Engineers Jobs Sales Executive Jobs Accountant Jobs Software Engineer Jobs Engineering Technicians Jobs

Write Your Answer

More Questions Like This

How are the Cash Flow Statement and Balance Sheet related?
Top Answer: a. The ending cash balance on the Balance Sheet is transferred to the current period Cash Flow Statement& ... See More

Answers (19)
What are the effects of creating provision for doubtful debts on the balance sheet ?
Top Answer: <p>I agree with Mr Khalid Noor, because the booking of the provision will be:</p> <p>&l ... See More

Answers (20)
How are the income statement and balance sheet linked?
Top Answer: I think the answer is D. Net income from the income statement transfers to the balance sheet equity secti ... See More

Answers (8)
Does balance sheet shows current period profit & loss ?
Top Answer: yes it is included in the retained earning See More

Answers (68)