alleryStart learning →Cash 20, demand deposit 60, 2-month T-bill 30, 9-month FD 40, integral overdraft 25. Total?
ARs 110
BRs 85
CRs 125
DRs 150
Answer & Solution
Correct answer: B. Rs 85
20 + 60 + 30 - 25 = 85; the 9-month deposit is not a cash equivalent and the integral overdraft is deducted.
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