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The amount of the debits must equal the amounts of credits
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∙ 13y ago
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If a company has overdrawn its bank balance then what is the answer?
if the company has overdrawn it balance that means the company ow the bank' in other words the company had made an overdraft, it is the liability to the company..
How can the business show a profit and yet be overdrawn at the bank?
A business' profit is absolutely unrelated to its bank balance.
If you have direct depoist set up at your bank the bank overdrafts me?
You can still be overdrawn if you take out more than you put in
Does being overdrawn with your bank affect your credit in any way?
Only if you do not pay the overdraft.
What is the difference between overdraft and overdrawn?
Overdraft is a feature provided by many banks to its best customers wherein, the customer can withdraw money from their accounts even if there is not sufficient balance in their account. The overdraft limit is set by the banks based on the customers history with the bank and his earning potential. An account is said to be overdrawn if the customer has withdrawn more money that what he has in the account.
If a company has overdrawn its bank balance then what is the answer?
if the company has overdrawn it balance that means the company ow the bank' in other words the company had made an overdraft, it is the liability to the company..
If a balance in the bank account is overdrawn on what side is the balance brought down?
bank
What is the past tense of overdrawn?
The past tense of overdrawn is overdrew. As in "he overdrew his bank balance".
How can the business show a profit and yet be overdrawn at the bank?
A business' profit is absolutely unrelated to its bank balance.
What if your checking account is overdrawn by 50. you write a check for 20. what is the balance on you account?
At the moment of writing the check, the balance is still $50 overdrawn. If the check should be presented to the bank, then your balance will depend upon several factors: If you have an overdraft facility and the $20 check does not exceed this, then your new balance will be $70 overdrawn. If you do not have an overdraft facility, then the bank may bounce (decline) the check, in which case your balance may still be $50 overdrawn. However, they may charge you for bouncing the check as you did not have the funds to meet the check, so your overdraft will be increased by their fee, whatever it is. They may honour the check and your bank balance will be $70 overdrawn. However, they may also charge you a fee for honouring the check when you were overdrawn; thus your balance will be increased from $70 overdrawn by their fee. You may also have received funds before the check was presented, eg you got paid, and so the balance may not be overdrawn and the check honoured without problem.
When was Overdrawn at the Memory Bank created?
Overdrawn at the Memory Bank was created in 1983.
What is the duration of Overdrawn at the Memory Bank?
The duration of Overdrawn at the Memory Bank is 1.38 hours.
How can you use negative numbers to represent real-world problems?
An overdrawn balance on your bank account is a negative number !
Example of a real life situation for the integer -100?
You overdraw your bank account by 100 currency units. What is your bank balance? That is, before the bank slaps on a overdrawn penalty, an interest charge, a charge to write to you to inform you that you are overdrawn, and quite possibly, a charge to tell you that you are now even more overdrawn than you thought because of all these charges!
What is 5'?
-5-5=-10 e.g. if you are overdrawn in your bank account by $5 and withdraw another $5 you will be left with an overall negative balance of -$10.
What is --5?
-5-5=-10 e.g. if you are overdrawn in your bank account by $5 and withdraw another $5 you will be left with an overall negative balance of -$10.
What is 5!?
-5-5=-10 e.g. if you are overdrawn in your bank account by $5 and withdraw another $5 you will be left with an overall negative balance of -$10.
