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You have $126,000 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $58,000. You have $126,000 on deposit

You have $126,000 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $58,000. image text in transcribed

You have $126,000 on deposit with no outstanding checks or uncleared deposits. One day you write a check for S58,000 Does this create a disbursement float or a collection float? (Click to select) What is your available balance? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Available balance What is your book balance? (Do not round Intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Book balance eBook & Resources eBook: 17.1 Float and Cash Management 943 AM O Type here to search e- f ^40) 11/21/2018

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