Give one scenario that promotes Gross Balance.

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Give one scenario that promotes Gross Balance.​

Answer:

Assuming that you have a total of Php 100,000 on your card and you deposited this day a check that amounts to Php 30,000. Your bank passbook currently obtained Php

130,000 BUT you can only withdraw Php 100,000 until tomorrow; this is the GROSS BALANCE because your check has not been cleared yet.


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