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Modos Company has deposited $4,060 in checks received from customers. It has written $1,550 in checks to its suppliers. The initial bank and book balance
Modos Company has deposited $4,060 in checks received from customers. It has written $1,550 in checks to its suppliers. The initial bank and book balance was $490. If $3,580 of its customers' checks have cleared, but only $440 of its own, calculate its float.
Multiple Choice
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$630
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$730
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$780
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$920
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