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please help me, on how do i record bank overdraft on the book of account?

An How do you record the Post Dated Check received?

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Q: How do you record overdraft?
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How do you record bank overdraft in accounting?

Dr Cash Cr Bank Over Draft


Why would you record online bill payments in your check book register?

Record your ATM charges since the money comes out of the account immediately and you can easily end up with a overdraft if you don't.


Is bank overdraft an asset?

yes it is an asset overdraft


Can I overdraft with bbt ATM?

Need overdraft of R1000


What is the equivalent of the term overdraft protection in Portuguese?

proteção do overdraft


What is a overdraft check?

overdraft check is a check of "no sufficient funds".


How do you spell overdraft?

That is the correct spelling of "overdraft" (a bad check).


Interest on overdraft?

Overdraft interest is usually around 17 to 21 percent. This is a huge penalty and your overdraft should be paid off as soon as possible. Most banks will not allow you to have an overdraft for long.


Do you have to pay interest on a bank overdraft?

do you have to pay interest on a band overdraft ?


What is authorised overdraft?

An authorised overdraft is an amount of money that you have agreed with you bank and which you can withdraw from the account for which the overdraft has been set up, the overdraft being the extra fund you have access to when your account does not hold sufficient funds.


Can you overdraft from an ATM if you do not have overdraft protection?

It is very possible, but unlikely to happened in Philadelphia.


Why is it not good to use an overdraft?

it is not good to use an overdraft because then you can get quite cold!