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Because bank overdrafts are of a short term nature they only create short term costs of capital , but do not show up as liabilities
Because bank overdrafts are of a short term nature they only create short term costs of capital , but do not show up as liabilities in the balance sheet. Is this statement false , correct or it depends?
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Managerial Accounting
Authors: Harold M. Sollenberger, Arnold Schneider, Lane K. Anderson
9th Edition
0538842822, 978-0538842822
