The ledger balace and the avaiable balace for the firm

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As of Monday morning, the ledger balace and the avaiable balace for the firm was $3,600. During the day, the firm wrote 3 checks in the amounts of $230, $590 and $870. The firm deposited a check for $360 and a check for $910.

1. What is the amount of the collection float as of the end of the day?

2. What is the amount of the disbursement float as of the end of the day?

Reference no: EM131354990

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