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

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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

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1 Answers

by Love Kumar , Senior Auditor , Puthran Chartered Accountants

Balance Sheet. It is liability by nature.

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