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Natasha2012 [34]

3 years ago

5

Bank overdrafts, if material, should bea. reported as a current liability.b. reported as a deduction from the current asset sect

ion.c. reported as a deduction from cash.d. netted against cash and a net cash amount reported.

1 answer:

rjkz [21]3 years ago

6 0

Answer:

Reported as a Current Liability

Explanation:

Bank overdrafts, if material, should be reported as a current liability

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