An overdraft is usually shown as a

Accounts - Principles of Accounts WAEC 1990

An overdraft is usually shown as a

  • credit balance in the cash column of the cash book
  • debit balance in the cash column of the cash book
  • debit balance in the loan account
  • credit balance in the bank column of the cash book checkmark
  • debit balance in the bank column of the cash book

The correct answer is: D

Explanation

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