What effect is made on balance of bank overdraft, if bank has recorded / debited the amount of bank charges in the account of trader ?
A. B.O.D. balance decreases
B. B.O.D. balance increases
C. B.O.D. balance compensates
D. No effect on B.O.D. balance
Answer:B
What effect is made on balance of bank overdraft, if bank has recorded / debited the amount of bank charges in the account of trader ?
A. B.O.D. balance decreases B. B.O.D. balance increases C. B.O.D. balance compensates D. No effect on B.O.D. balance