A bank balance shown as Rs 14,000 (Cr.) in the books of a trader appears in the statement of affairs as:

1. A bank balance can fall on either side depending on which way it is stated. 2. A debit balance means the trader has money at the bank, so it is an asset. 3. A credit balance means the trader owes the bank, which is a bank overdraft. 4. The format of the statement of affairs lists bank overdraft among the liabilities, so a Rs 14,000 (Cr.) balance is shown on the liabilities side. 5. In the textbook's illustration this is exactly how the opening bank balance of Rs 14,000 (Cr.) is treated. _Source: TN HSC Class 12 Accountancy (Samacheer Kalvi, Govt of Tamil Nadu), Unit 1 "Accounts from Incomplete Records", §1.7.4 and Illustration 9_