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Bank overdraft is shown in the balance sheet under the ______. - Accountancy

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MCQ
Fill in the Blanks

Bank overdraft is shown in the balance sheet under the ______.

Options

  • Short Term Borrowings

  • Non-current liabilities

  • Non Current assets

  • None of the options

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Solution

Bank overdraft is shown in the balance sheet under the Short Term Borrowings.

Concept: Financial Statements of a Company
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