Legal Question in Business Law in Indiana

bank o/d

Bank Overdraft comes under Liability side of balance sheet?


Asked on 3/12/07, 3:04 am

2 Answers from Attorneys

Re: bank o/d

It certainly is not an asset or receivable. However, this question would be best asked of an accountant. I am not sure, but perhaps there is an accountantguru web site. Give it a try.

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Answered on 3/12/07, 8:48 am
Samuel Hasler Samuel Hasler

Re: bank o/d

I would think so but that is actually an accounting term and question.

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Answered on 3/12/07, 5:29 am


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