You have $14,200 on deposit with no outstanding checks or uncleared deposits. Assume you deposit...
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Accounting
You have $14,200 on deposit with no outstanding checks or uncleared deposits. Assume you deposit a check for $5,800. Does this create a disbursement float or a collection float? (Click to select)Collection float or Disbursement float What is your available balance? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Available balance $ What is your book balance? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Book balance $
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