What is the amount of the collection float

Reference no: EM132002743

Question: As of this morning, your firm had a ledger balance of $3,216 with no outstanding deposits or checks. Today, your firm deposited 2 checks in the amount of $471 each and wrote a check in the amount of $803. What is the amount of the collection float as of the end of the day?

Reference no: EM132002743

Questions Cloud

Median prices for the area to prospective buyers : Suppose you were selling your house. Would you quote mean or median prices for the area to prospective buyers?

Calculate earnings per share : Calculate earnings per share, EPS, under each of the three economic scenarios before any debt is issued. (Do not round intermediate calculations and round your)

Pizzas sold at a certain restaurant can be small : Pizzas sold at a certain restaurant can be small, medium, or large, and they can have original crust or crispy crust.

Advertising campaign to get people to lose weight : Betropolis conducts an advertising campaign to get people to lose weight. A random sample of 49 people results in an average loss of 1 pound

What is the amount of the collection float : As of this morning, your firm had a ledger balance of $3,216 with no outstanding deposits or checks. Today, your firm deposited 2 checks in the amount.

Relationship between infectious disease of the pelvis : A researcher calculated an OR=2.67 to describe the relationship between infectious disease of the pelvis (exposure) and ectopic pregnancy (outcome).

What is the project npv in given issue : Monhegan Computers is considering whether to begin offering customers the option to have their old personal computers recycled when they purchase new systems.

Estimate the population mean for a confidence level : Estimate the population mean for a 95% confidence level. Your final answers should be correct to 2 places after the decimal point.

Describe additional potential benefits of strategic thinking : Strategic Planning - To prepare for this Discussion: Describe additional potential benefits of strategic thinking and planning for leaders

User Account

All Pages