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You cash account and bank account are in agreement $5,000. You deposit $3,000 of checks and write 2,500 of checks today. Which statement below is
You cash account and bank account are in agreement $5,000. You deposit $3,000 of checks and write 2,500 of checks today. Which statement below is correct?
Your net float is zero
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Your net float is -$500
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Your net float is $500
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