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You have $14,300 on deposit with no outstanding checks or uncleared deposits. Assume you deposit a check for $5,900. (Enter your answer as directed, but
You have $14,300 on deposit with no outstanding checks or uncleared deposits. Assume you deposit a check for $5,900. (Enter your answer as directed, but do not round intermediate calculations.)
Requirement 1: Does this create a disbursement float or a collection float?
Requirement 2: What is your available balance? Available balance $
Requirement 3: What is your book balance? Book balance $
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