How will you treat Bank Overdraft and Cash Credit in the Balance Sheet of a Company? Post category:Accountancy Reading time:1 mins read SOLUTION These will be treated as ‘Short-term borrowings’. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostUnder what heads the following Items on the Equity and Liabilities side of the Balance Sheet of a Company will be presented: (i) Proposed Dividend; (ii) Unclaimed Dividend. Next PostHow share application money pending allotment will be shown in a Company’s Balance Sheet? You Might Also Like In case of fluctuating capitals, where will you record drawings and interest on drawings? September 23, 2022 Bharat Lamp Ltd. issued 30,000 fully paid-up shares of Rs. 100 each for purchase of the following assets and liabilities from Sharma & Co: July 14, 2022 Give two examples of Cash Flows from Operating Activities. October 4, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
In case of fluctuating capitals, where will you record drawings and interest on drawings? September 23, 2022
Bharat Lamp Ltd. issued 30,000 fully paid-up shares of Rs. 100 each for purchase of the following assets and liabilities from Sharma & Co: July 14, 2022