If credit side of a bank account is greater than the debit side, it indicates which of the following?

804Active Users

804Active Users

283AccountingMedium

ABank balance

BCurrent Asset

CCash at bank

DBank overdraft

Correct answer

D. Bank overdraft

Explanation

Bank overdraft is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.

If credit side of a bank account is greater than the debit side, it indicates which of the following? - Answer and Explanation | Academy of Pakistan