Bank overdrafts are always offset against the cash account in the balance sheet.

Name: Bank overdrafts are always offset against the cash account in the balance sheet.
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Question

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Bank overdrafts are generally presented separately as a current liability on the balance sheet rather than being offset against cash accounts, unless they are in jurisdictions or under specific accounting frameworks where net presentation is allowed and the overdrafts are repayable on demand.

Bank Overdrafts Are Always Offset Against the Cash Account in the Balance