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You have $37,000 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $6,900 and then deposit a check
You have $37,000 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $6,900 and then deposit a check for $4,100. (Enter your answer as directed, but do not round intermediate calculations.)
Required: What are your disbursement, collection, and net floats? (Negative amounts should be indicated by a minus sign.)
Disbursement float | $ |
Collection float | $ |
Net float | $ |
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