Bank cc a/c.

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Rahul Mishra (Querist)
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17 October 2016 Dear Experts,

I have a CC A/C in Central bank. i have made CC A/C. in Bank O/D A/c. under the head of Loans(Liability side of my BS).
Is that correct as per rule? if correct ,then how it is the different from regular bank a/c.

thanking you

Amol S Joglekar

Amol S Joglekar (Expert)
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17 October 2016 yes, you can group like that. No problem.
in normal current account, bank is debtor and you are creditor
In OD account it is other way round

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