Why is bank overdraft not a part of quick liabilities ago? And why is it 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

Question added by Ashish Limbadiya
Date Posted: 2018/02/27

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

Be the First to Answer
Register now or log in to answer.

0 Answers

Popular Searches

Sales Executive Jobs Engineers Jobs Engineering Technicians Jobs Accountant Jobs Driver Jobs

Write Your Answer

More Questions Like This

Which one is considered for calculating WACC? A. Trade payables B. Bank Loan C. Bank Overdraft D. Debenture
Top Answer: D (debenture) is correct. The reason being affect on weighted average cost of capital because of cost ass ... See More

Answers (3)
How to present Bank Overdraft in Cash flow statement?
Top Answer: It will be reflected as part of working capital changes under the operating activity of the cash flow sta ... See More

Answers (1)
How do we report "Bank Overdraft" in a Cash Flow Statement ?
Top Answer: <p><span>Under IFRS however, bank overdraft is treated as part of cash and cash equivalents a ... See More

Answers (4)
What is the difference between an advance and a bank overdraft?
Top Answer: Both overdraft and cash credit are really forms of borrowing. The institution allows you to withdraw fund ... See More

Answers (4)

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.