Bank Overdraft: debit or credit?
Bank Overdraft increases on the credit side and decreases on the debit side: its normal balance is a credit.
Liabilities are amounts the business owes. They increase with a credit.
Name in each convention
Account names and codes follow each convention; an account that does not exist in a convention is not offered there.
| Convention | Account |
|---|---|
| United States (US textbooks) | Bank Overdraft |
| Spain (PGC 2007) | 5201 Deudas a corto plazo por crédito dispuesto |
| France (PCG 2025) | 519 Concours bancaires courants |
| Germany (generic accounts) | — |