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You have $14,100 on deposit with no outstanding checks or uncleared deposits. Assume you deposit a check for $5,700. (Enter your answer as directed, but
You have $14,100 on deposit with no outstanding checks or uncleared deposits. Assume you deposit a check for $5,700. (Enter your answer as directed, but do not round intermediate calculations.)
Requirement 1: |
Does this create a disbursement float or a collection float? |
(Click to select)Disbursement float or Collection float |
Requirement 2: |
What is your available balance? |
Available balance $___________ |
Requirement 3: |
What is your book balance? |
Book balance $____________ |
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