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  3. b) if the company records indicate the following:

B) If the company records indicate the following: Opening amount $10,000 Deposits 30,000 ...

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Accounting

B) If the company records indicate the following:

Opening amount $10,000

Deposits 30,000

Cheques -22,000

Closing balance $18,000

The bank statement indicates that the opening amount is $10,000, the deposits are 22,000 and the cheques that have cleared are 2,000, what is the amount of the float?

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