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| Simran has two business bank accounts for her company’s use： one is a current account and the other is a high-interest deposit account. At the year-end, the current account shows a balance of $2,750 overdrawn and her deposit account shows a balance of $4,780. How will these balances be disclosed in the company’s statement of financial position at the year-end? A Current asset $4,780 Current liability $2,750 B Current asset $2,030 Current liability nil C Current asset nil Current liability $2,030 D Current asset $7,530 Current liability nil |