What is your book balance and available balance

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Reference no: EM131545251

You have $134,000 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $50,000.

Does this create a disbursement float or a collection float?

What is your available balance? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Available balance $

What is your book balance? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Book balance $

Reference no: EM131545251

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