Question: a ) Mira has RM 7 2 , 9 0 9 on deposit with no outstanding cheques or uncleared deposits. If Mira deposit a cheque

a) Mira has RM72,909 on deposit with no outstanding cheques or uncleared deposits. If Mira
deposit a cheque for RM111,230, does this create a disbursement float or a collection float? What
is Mira's available balance? What is Mira's book balance?
(5 marks)
a) Mira has RM72,909 on deposit with no outstanding cheques or

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