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
Burton Padove
Indiana and Illinois Lawyer, Burton A. Padove
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.
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.
Answered on 3/12/07, 5:29 am
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