Disclosure of bank overdraft dr.bal in rev schvi-urgent
This query is : Resolved
22 August 2012
Dear all,
Please guide me in following query,
There is a debit balance in bank overdraft, should it be shown under cash and bank bal or under short term borrowings with a negative figure.
Thanks in advance.
Please guide me in following query,
There is a debit balance in bank overdraft, should it be shown under cash and bank bal or under short term borrowings with a negative figure.
Thanks in advance.
Guest
Guest
(Expert)
22 August 2012
Both the way is coorect. but its better to show it under bank balance.
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