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Modos Company has deposited $4,070 in checks received from customers. It has written $1,530 in checks to its suppliers. The initial bank and book balance
Modos Company has deposited $4,070 in checks received from customers. It has written $1,530 in checks to its suppliers. The initial bank and book balance was $470. If $3,440 of its customers' checks have cleared, but only $460 of its own, calculate its float.
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