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Cutler Company has a cash account with a balance of $255,000 with Wright Bank and a cash account with an overdraft of $6,000 at Lowe

Cutler Company has a cash account with a balance of $255,000 with Wright Bank and a cash account with an overdraft of $6,000 at Lowe Bank. What would the current assets section of Cutlers balance sheet include for cash under IFRS? Under U.S. GAAAP?

Under IFRS the cash balance
Under U.S. GAAP the balance

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