Q: Where is 'Bank' entered on a balance sheet if it is has a credit balance (overdrawn)? Is it still an 'asset' with a credit amount posted or is it listed with the 'liabilities'?
Click here to post comments
Return to Ask a Question About This Lesson!.
Advertise on Accounting-Basics-for-Students.com
Search this Site:
All the lessons on this site and much, much more...Available Now On