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You have $14,600 on deposit with no outstanding checks or uncleared deposits. Assume you deposit a check for $6,200. (Enter your answer as directed, but
You have $14,600 on deposit with no outstanding checks or uncleared deposits. Assume you deposit a check for $6,200. (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)Collection floatDisbursement float Requirement 2: What is your available balance? Available balance $ Requirement 3: What is your book balance?
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