At the beginning of the day, a company has a cash balance of $11,450 and no float.
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Question:
At the beginning of the day, a company has a cash balance of $11,450 and no float. During the day, the company wrote three checks for $640, $975, and $1,340. The company also deposited checks for $1,205 and $1,880. What is the company\'s disbursement float?
Related Book For
Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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