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Accounting for Redemption of Debentures

Overdraft as ...

Question

Overdraft as per cash book means

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Solution

Overdraft as per cash book means withdrawals exceed deposits. Hence, it will show a debit balance called overdraft.

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Q. Overdraft as per cash book means ___________.

Q. Overdraft balance as per cash book will be _________________.

Q. The payment side of the cash book is undercast by Rs.200. When overdraft as per pass book is the starting point, to get the overdraft as per cash book ___________.

Q. State whether the following statement is True or False.
Overdraft as per cash book means debit balance as per cash book.

Q. what does balance as per pass book overdraft as per pass book mean?

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