An overdraft is usually shown as a
A credit balance in the cash column of the cash book
B debit balance in the cash column of the cash book
C debit balance in the loan account
D credit balance in the bank column of the cash book
Answer is D
Do you need a better understanding of this subject?
Do you need assignment help or homework help, tips and expos on how to pass your exams excellently well in any of your subjects? Click Here To Get Started.
This tutorial class is limited to 250 students only. JOIN OTHER STUDENTS NOW ON TELEGRAM