Question: Sandberg Industries received a $ 1 0 0 , 0 0 0 check from one of its customers, deposited it into its bank account, and
Sandberg Industries received a $ check from one of its customers, deposited it into its bank account, and recorded it in its bank register. The funds were reflected in Sandbergs bank account two days later.
Is this Collection float, Disbursement float, or Net float?
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