Listed below are four interbank cash transfers,indicated by the letters a,b,c and d,of a client for late December 20X1,and early January 20X2.Your answer choice for the next two questions should be selected from this list.
For each of transfers a through d indicate whether cash is understated,unaffected,or overstated by the transfer.

Correct Answer:
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b.Unaffected.
c.Understate...
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