Amount of the disbursement float as of the end of the day

Assignment Help Financial Management

Reference no: EM131540059

As of this morning, your firm had a ledger balance of $3, 757 with no outstanding deposits or checks. Today, your firm deposited 9 checks in the amount of $280 each and wrote 2 checks in the amount of $663 each. What is the amount of the disbursement float as of the end of the day?

Reference no: EM131540059

Questions Cloud

What is the proper accounting treatment : Before 2014, Jefferson Corporation properly accounted for its income from long-term construction contracts on the completed-contract basis.

Discrimination effect the amount of money : How does discrimination effect the amount of money that a person earns? What causes this type of discrimination?

What determines a competitive firm demand for labor : What determines a competitive firm's demand for labor? How does labor supply depend on the wage? What other factors affect labor supply?

Determinants of the labor market : The purpose of this assignment is so students may look at the microeconomics data and other sources for better understanding of trends and determinants.

Amount of the disbursement float as of the end of the day : What is the amount of the disbursement float as of the end of the day?

Describe what is included and excluded in bad debts : Analyze the factors that contribute to bad debt. Describe what is included and excluded in bad debts. Describe potential impacts of bad debts on other consumer.

Draw an aggregate demand-aggregate supply graph : Draw an Aggregate Demand-Aggregate Supply graph and indicate the long-run equilibrium.

Company average balance in accounts payable : The company reported cost of goods sold of $299, 787. What is the company's average balance in Accounts Payable?

Why people are attracted to urban areas in developing world : Examine the main reasons why people are attracted to urban areas in the developing world

User Account

All Pages