Question
Your company's cash has an available balance of $7,911. A deposit of $2372 that was made this morning is not yet included in the bank's
Your company's cash has an available balance of $7,911. A deposit of $2372 that was made this morning is not yet included in the bank's balance. There are also 4 checks outstanding (which are written but not deducted yet in the Bank Account) with a value of $392 each. What is the net float?
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Basic Finance An Introduction To Financial Institutions, Investments, And Management
Authors: Herbert B. Mayo
12th Edition
1337691011, 978-1337691017
