Solution-Disbursement float as of the end of the day

Disbursement float as of the end of the day

Reference no: EM131402117

As of this morning, your firm had a ledger balance of $3,656 with no outstanding deposits or checks. Today, your firm deposited 6 checks in the amount of $266 each and wrote 12 checks in the amount of $716 each. What is the amount of the disbursement float as of the end of the day?

Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.

Reference no: EM131402117

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Disbursement float as of the end of the day

Reference no: EM131402117

Reference no: EM131402117

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