Interest on overdraft

sir interest on overdraft is current liability or capital, pls explain
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Quick Summary
This discussion clarifies whether interest on an overdraft is considered a current liability or capital. The consensus is that interest on an overdraft, especially when payable within 12 months, is classified as a current liability. This is a standard accounting treatment for bank overdrafts.

interest on overdraft payable within 12 months is a current liability

Bank OD is current liability.
Current liability

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