If there is an opening bank overdraft, it will be shown in.........

The correct answer is option 2- Credit side of receipt and payment account.

If there is a bank overdraft at the end, then it shall be shown on debit side of the receipt and payment as the last item, and in the next year, opening bank overdraft will be shown on credit side of the receipt and payment as the first item. Bank overdraft is the negative balance of the bank which will be shown on the credit side.