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Porkys Sausage Co. shows the following values on its corporate books. Porkys Sausage Co. Corporate Books: Initial amount $ 10,000 Deposits + 80,000 Cheques 50,000

Porkys Sausage Co. shows the following values on its corporate books.

Porkys Sausage Co. Corporate Books:
Initial amount $ 10,000
Deposits + 80,000
Cheques 50,000
Balance $ 40,000

The initial amount on the banks books is also $10,000. However, only $70,000 in deposits has been recorded and only $25,000 in cheques have cleared.

Fill in the table below and indicate the amount of float. (Enter all values as positive value.)

Porkys Sausage Co. Bank Books:
Initial amount $10,000
Deposits
Cheques
Balance $
Float $

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