If your "cash at bank" closing balance have a negative balance due to overdraft, or issuing balance crossing outstanding cheque, where will you show it? 1) In current asset , or 2) in Current liability. and why?

Option "2 " current liabilities

My point of view, it will shown in Current Asset.

But as it is negative it will shown in Liability side of the balance sheet

I will show it in the "Current Assets" as negative balance. 

If you open the bank balance at the end of the period the account appears in the liabilities side

The correct answer will be current liabilities because the company became indebted to the bank (the company's balance Unveiled

that is current liabilities side

i will show it in the current liabilities

simple answer is in under current Liability

I WILL SHOW IT IN CURRENT LIABILITIES , BECAUSE IT WILL BE LIABILITIES ON THE FIRM TO THE BANK.