What is treatment of bank overdraft …
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Posted by Aayushi Rp 6 years, 9 months ago
- 4 answers
Manish Bansal 6 years, 9 months ago
There r 3 options
1...as current liability
2 ...as non current liability
3...as cash and equivalent to cash
So, it's ur choice how u use it in ur answer but din't firget note in end which one u use in the absencevof any information.
Harsh Agarwal 6 years, 9 months ago
It is treated as borrowings. It will be shown in financing activity.
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Hero Time 6 years, 9 months ago
1Thank You