Business
Business, 24.11.2020 21:40, halimomohamed

You have $135,000 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $49,000. Required:
a. Does this create a disbursement float or a collection float?
b. What is your available balance?
c. What is your book balance?

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Answers: 3

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You have $135,000 on deposit with no outstanding checks or uncleared deposits. One day you write a c...

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