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Dear lecturer,
I have some questions related to the bank reconciliation. There are :
What overdraft balance should be reported in the statement of financial position ?
What is the overdraft balance on the bank statement ?
What is the corrected credit balance in the bank account ?
With these different kind of questions, if I have to complete my answer in the box, should I complete my answer with the negative sign because overdraft is the negative balance ?Thank you very much lecturer for your help !
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