Bank overdrafts are always offset against the cash account in the balance sheet.

a. true
b. false

Answer: b. false

Business

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If a married person dies testate and leaves all community property, the decedent's interest passes to the:

a. whomever is named in the will b. surviving spouse and children, if any c. surviving spouse d. surviving children, and not the surviving spouse

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A holographic will is one that is captured in computer memory

Indicate whether the statement is true or false

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