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You have $13,900 on deposit with no outstanding checks or uncleared deposits. Assume you deposit a check for $5,500. Does this create a disbursement float
You have $13,900 on deposit with no outstanding checks or uncleared deposits. Assume you deposit a check for $5,500. Does this create a disbursement float or a collection float? 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 $
You have $13,900 on deposit with no outstanding checks or uncleared deposits. Assume you deposit a check for $5,500. 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 balanceStep by Step Solution
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