If they issue treasury bonds (in the case of the US Fed).
Bank Overdraft as Liability by Kayors Yes, a bank overdraft are classified as a current liability. What happens here is withdrawls from the bank exceed deposits. The lending institution, usually the bank, would allow an extension of credit in such a case. The company is usually expected to pay within short-term and it results in negative balance in company's bank account. That is the reason for the overdraft being classified as a current liability.
because it it seen as the main (central) bank, so it is known as the bank of (all) banks.
net working capital of bank is the difference of current asset and current liability of a bank.
The European Central Bank is located in Frankfurt am main, Germany.
The role of the central bank is to control all local banks in a country.
For Bank: Liability For You: Asset
Cash at the bank is an asset for you but a liability for the bank if it is held in a checking or regular savings account.
what is external liability all debts that are external from the business eg. bank loan,bank overdraft,
No
Bank Overdraft as Liability by Kayors Yes, a bank overdraft are classified as a current liability. What happens here is withdrawls from the bank exceed deposits. The lending institution, usually the bank, would allow an extension of credit in such a case. The company is usually expected to pay within short-term and it results in negative balance in company's bank account. That is the reason for the overdraft being classified as a current liability.
The money has to be paid out on demand.
The Federal Reserve Bank is the central bank of the US.
central bank is a bank that make the monetary policy of the country....
ASSET
The Federal Reserve Bank is the central bank of the US.
Bank Overdraft as Liability by Kayors Yes, a bank overdraft are classified as a current liability. What happens here is withdrawls from the bank exceed deposits. The lending institution, usually the bank, would allow an extension of credit in such a case. The company is usually expected to pay within short-term and it results in negative balance in company's bank account. That is the reason for the overdraft being classified as a current liability.
central co-operative bank