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You have $21,400 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $4,300 and then d
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Answer #1

Disbursement Float = Amount of the check written by you = $4,300

Collection Float = Amount of the check deposited = -$4,900

Net Float = Disbursement Float + Collection Float = $4,300 - $4,900 = -$600

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