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if they have given interest on bank O/D in adjustment.... We shld add or less it in balance sheet???
  • 1 answers

Shashi Pathak 7 years, 4 months ago

Add. Because bank overdraft is our liability and int. on bank overdraft rise our liability so we add this in bank o/d on liability side of B/S. Bank O/D. xxxx (add) int.on bank O/D. xx ...........xxxxxx
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