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please rxplain how to find float. Styles 1) ABC Corporation shows the following values on its corporate books. Corporate Books: Initial amount $10,000 Deposits +90,000

please rxplain how to find float. image text in transcribed
Styles 1) ABC Corporation shows the following values on its corporate books. Corporate Books: Initial amount $10,000 Deposits +90,000 Cheques. -60,000 Balance $40,000 The initial amount on the bank's books is also $10,000. However, only $70,000 in deposits has been recorded and only $35,000 in cheques have cleared. Fill in the table below and indicate the amount of float Bank Books Amount Initial amount $10,000 Deposits Cheques Balance Float

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