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Differentiate between bank overdraft and accruals. Discuss the different forms of long-term debt.

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Finance

Differentiate between bank overdraft andaccruals.
Discuss the different forms of long-term debt.

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Bank overdraft is a facility provided on Current account of a bank under this facility a credit limit is fixed for excess withdrawal of fund even after your bank account has zero balanceIt allows you to over withdraw money whenever required for short term period it is basically used for short term financing requirements on    See Answer
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Differentiate between bank overdraft andaccruals.Discuss the different forms of long-term debt.

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