If a company has overdrawn its bank balance then

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Calculating an overdrawn bank balance
best.mortgage-southampton.com cash account will show a debit balance. best.mortgage-southampton.com cash account will show a credit balance. best.mortgage-southampton.com cash account debits will exceed the cash account credits. The journal entry for bank transaction will be the same whether the transaction is done out of the balance available in the account or it. So, from that we can say that bank a/c will show on liability side of companies balance sheet as title of Current liability.