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Is this a disbursement float or a collection float

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Reference no: EM132616436

You have $135,000 on deposit with no outstanding checks or uncleared deposits. One day you issue a check for $49,000.

a. Is this a disbursement float or a collection float?

b. What is your available balance? (Round to the whole number)

c. What is your book balance? (Round to the whole number)

Reference no: EM132616436

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