A bank statement shows a closing credit balance. Does this indicate that the business is running an

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A bank statement shows a closing credit balance. Does this indicate that the business is running an overdraft?

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Cambridge International AS And A Level Accounting

ISBN: 9781444181432

1st Edition

Authors: Ian Harrison

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Question Posted: Aug 23, 2023 01:13 PM

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A bank statement shows a closing credit balance. Does this indicate that the business is running an

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No a closing credit balance on a bank statement does not necessarily indicate that the business is r...View the full answer

Cambridge International AS And A Level Accounting

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