Question: Given the following availability schedule, what are the ledger and collected balances at 5:00 p.m. Friday if a check for $5,000 drawn on a St.
Given the following availability schedule, what are the ledger and collected balances at 5:00 p.m. Friday if a check for $5,000 drawn on a St. Louis bank and a check for $4,000 drawn on a New York bank are both deposited at 9:00 a.m. Friday morning? Assume Friday's opening ledger and collected balances are both $9,000 and the ledger cutoff time is 5:00 p.m. Endpoint Availability Deposit Deadline 0 New York St. Louis Los Angeles 1 11:00 am 7:00 a.m. 1:00 a.m. 2 What is the closing ledger and available balance for New York? O ledger balance-$9,000; available balance-$14,000 ledger balance-$9,000; available balance-$13,000 ledger balance-$13,000, available balance-$9,000 ledger balance-$13,000; available balance-$13,000
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