Why is a bank overdraft classified as a current liability despite many businesses using the overdraft for

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Why is a bank overdraft classified as a current liability despite many businesses using the overdraft for more than one year?

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Accounting For Non Accountants

ISBN: 9780749465971

9th Edition

Authors: David Horner

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Question Posted: Jan 31, 2024 03:05 AM

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Why is a bank overdraft classified as a current liability despite many businesses using the overdraft for

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Accounting For Non Accountants

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