Question
At the beginning of the day, a company had a ledger balance and available balance of $3,860. During the day, the company wrote three checks
At the beginning of the day, a company had a ledger balance and available balance of $3,860. During the day, the company wrote three checks for $260, $625, and $885. The company also deposited checks for $365 and $840. What is the company's collection float?
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Accounting Principles
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
7th Canadian Edition Volume 1
1119048508, 978-1119048503
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