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You have $14,200 on deposit with no outstanding checks or uncleared deposits. Assume you deposit a check for $5,800. Does this create a disbursement float
You have $14,200 on deposit with no outstanding checks or uncleared deposits. Assume you deposit a check for $5,800. 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
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