skboy9373 skboy9373

10-10-2019
Business

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Bank overdrafts, if material, should bea. reported as a current liability.b. reported as a deduction from the current asset section.c. reported as a deduction from cash.d. netted against cash and a net cash amount reported.

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andreafernandez andreafernandez

10-10-2019

Answer:

Reported as a Current Liability

Explanation:

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

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