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What is meant by bank overdraft

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What is meant by bank overdraft

    • Posted by Jothi Jain 7 years, 6 months ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Keshav Bindal 7 years, 6 months ago

    But this is not loan exactly

    1Thank You

    Keshav Bindal 7 years, 6 months ago

    Putting out money from our Bank A/c more than we have in our Bank A/c (this is like loan) this makes our bank balance negative

    2Thank You

    ANSWER
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