Will the bank statement show 'Dr' or 'Cr' if an account is overdrawn?

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Frank Woods Business Accounting Volume 1

ISBN: 9781292084664

13th Edition

Authors: Alan Sangster, Frank Wood

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Question Posted: Mar 28, 2024 03:36 AM

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Will the bank statement show 'Dr' or 'Cr' if an account is overdrawn?

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Dr indicates an overdraft The customer is a debtor of the bank ...View the full answer

Frank Woods Business Accounting Volume 1

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