Question: Bank overdrafts, if material, should be: Question 8 options: reported as a deduction from the current asset section. reported as a deduction from cash. reported

Bank overdrafts, if material, should be:
Question 8 options:
reported as a deduction from the current asset section.
reported as a deduction from cash.
reported as a current liability.
netted against cash and a net cash amount reported.

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