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Cutler Company has a cash account with a balance of $330,000 with Wright Bank and a cash account with an overdraft of $12,000 at Lowe

Cutler Company has a cash account with a balance of $330,000 with Wright Bank and a cash account with an overdraft of $12,000 at Lowe Bank.

What would the current assets section of Cutlers balance sheet include for cash under IFRS? Under U.S. GAAP?

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