Calculate its float, Sam’s Subs has deposited $3,500 in

Calculate its float

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Reference no: EM131015937

Sam’s Subs has deposited $3,500 in checks received from customers. It has written $1,400 in checks to its suppliers. The initial bank and book balance was $600. If $1,600 of its customer's checks have cleared but only $600 of its own, calculate its float.

Reference no: EM131015937

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