Question: Calculate the payment float given the following information: Data: Company ledger balance 770,000 Banks ledger balance 860,000 Available balance 790,000 A. $110,000 B. $70,000 C.

Calculate the payment float given the following information:

Data:

Company ledger balance

770,000

Banks ledger balance

860,000

Available balance

790,000

A. $110,000 B. $70,000 C. $90,000 D. $80,000

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