Velbris's statement shows closing cash of 780,000. It includes an integral overdraft of 95,000 presented in borrowings and 1-month commercial paper of 300,000 presented in investments. What amount appears in the “cash” line of the statement of financial position?
- Cash in the statement
- 780,000
- Integral overdraft
- 95,000
- 1-month commercial paper
- 300,000