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On January 25. Coot Company has $350.000 deposited with a local bank. On January 27 , the company writes and malls checks of $30,000 and
On January 25. Coot Company has $350.000 deposited with a local bank. On January 27 , the company writes and malls checks of $30,000 and $70,000 to suppllers. At the end of the month, Coot's financial manager deposits a \$55,000 check recelved from a customer in the morning mall and plcks up the end-of-month account summary from the bank The manager notes that only the $30,000 payment of the 27 th has cleared the bank. What is the company's avallable bolance with its bank
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