Assuming there are no positive cash balances at the same bank, which of the following statements is true with respect to reporting bank overdrafts, if material, on the balance sheet? A. A bank overdraft should be reported as a deduction in the current asset section. B. A bank overdraft should be included in the investments section. 000 C. A bank overdraft should be reported as a current liability. D. A bank overdraft should be netted against positive cash balances at other banks