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    Principles of Financial Accounting Study Set 1
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    Exam 7: Internal Control and Cash
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    A Bank Overdraft Would Be Reported as
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A Bank Overdraft Would Be Reported as

Question 52

Question 52

Multiple Choice

A bank overdraft would be reported as


A) a current liability.
B) part of the current asset cash account.
C) restricted funds.
D) accounts receivable.

Correct Answer:

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