E-commerce
Bank Overdraft Utilization — Peak Season
Recording inventory payments made when the bank balance goes negative during Ramadan peak stocking.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Merchandise Inventory | Asset (+) | 10,000.00 | - |
| Bank Overdraft Payable | Liability (+) | - | 10,000.00 |
💡 Accountant's Note
When the bank balance goes below zero due to peak inventory purchases, the negative balance becomes a current liability (Bank Overdraft) — not a negative asset.
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