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Create a disbursement float or a collection float

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Question: Calculating Float. You have $12,700 on deposit with no outstanding checks or uncleared deposits. If you deposit a check for $2,400, does this create a disbursement float or a collection float? What is your available balance? Book balance? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131733305

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