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How do we get a negative bank balance in a Bank Book?

How it arise negative bank balance at Bank Book?

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Question ajoutée par Shankar Kumar Kuri , Service , Popular Life Insurance Co. Ltd
Date de publication: 2019/02/14
Sandhiya Sampath
par Sandhiya Sampath , Accounts Manager , A S Hospitality

" It should be ensured that the balance in the savings account does not turn into negative balance solely on account of levy of charges for non-maintenance of minimum balance"

Muhammad uzair Abbas
par Muhammad uzair Abbas , Senior Accountant , Gulf central

That may be due to numeric error while crediting bank leger or not recording debit enteries

Jijomon Thomas
par Jijomon Thomas , Senior Accountant , Professional Mechanical Engineering

Bank OD is there , then we will get a negative bank balance in a bank book..

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