Bank overdraft is shown on the - side of trial balance-creditdebitfrontnone of these

Question

Toppr Admin · Accepted Answer

Bank overdraft is a liability and liabilities are always having a credit balance-xA0-Therefore- bank overdraft is to be shown on the credit side of the trial balance-xA0-

Bank overdraft is shown on the _______ side of trial balance.
credit
debit
front
none of these

Bank overdraft is a liability and liabilities are always having a credit balance.
Therefore, bank overdraft is to be shown on the credit side of the trial balance.

Bank overdraft is shown on the _______ side of trial balance.creditdebitfrontnone of these

Bank overdraft is a liability and liabilities are always having a credit balance. Therefore, bank overdraft is to be shown on the credit side of the trial balance.

Bank overdraft is shown on the _______ side of trial balance.
credit
debit
front
none of these

Bank overdraft is a liability and liabilities are always having a credit balance.
Therefore, bank overdraft is to be shown on the credit side of the trial balance.