Some examples are Union Bank of Blair. Blair, Wisconsin.
A "misc. debit," or miscellaneous debit, is essentially a transaction that a bank or other institution manually puts on your account for a many different reasons, hence the word miscellaneous. Accounts are periodically audited, and sometimes banks make errors, such as crediting an account too much for a deposit, that require adjustments. There are so many different reasons for this. If it is in a bank account, and it sounds as if it is, you want to contact your bank to find out what happened, especially since there is no additional information.
Generally it means things that do not fit into established categories. For example, in finance or accounting, a miscellaneous expense is one that cannot or is not convenient to be entered into categorized expense accounts and is thus entered into the miscellaneous expense account.
i think its unlimited liability
One of the larger segments of the miscellaneous service machine industry is food service equipment, which accounted for about 20.0 percent of total industry shipments in 1997.
c) criminal liability
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.
miscellaneous debit & credit
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.
Yes, bank indebtedness is considered a liability. It represents money that a borrower owes to a bank, typically due to loans or credit lines. This obligation must be repaid, making it a financial responsibility that appears on the balance sheet as a liability.
A bank loan is considered a liability on a company's balance sheet because it represents money that the company owes to the bank.
ASSET
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.