Sunland's Inc. had an operating line of credit of $111000 and overdrew its bank balance...
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Accounting
Sunland's Inc. had an operating line of credit of $111000 and overdrew its bank balance to result in a negative cash balance of $35000 at year-end. This would be reported in the statement of financial position as O a current asset of $(35000). O a current asset of $76000. O a current liability of $35000. O a non-current liability of $76000.
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