Question
In: Finance
You have $85,000 on deposit with no outstanding checks or uncleared deposits. One day you write...
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You have $85,000 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $21,600. |
| a. | Does this create a disbursement or collection float? |
| b. | What is your available balance? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) |
| c. | What is your book balance? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) |
Solutions
jeff jeffy answered 10 months agoRelated Solutions
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Thank you very much to whomever can give me the
solution and answer! ?
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