Question: Bank overdrafts, if material, should be Question 7 Select one: a . reported as a current liability. b . reported as a deduction from the

Bank overdrafts, if material, should be
Question 7Select one:
a.
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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