What is the amount of the collection float as of the end of


As of this morning, your firm had a ledger balance of $3,216 with no outstanding deposits or checks. Today, your firm deposited 2 checks in the amount of $471 each and wrote a check in the amount of $803. What is the amount of the collection float as of the end of the day?

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Financial Management: What is the amount of the collection float as of the end of
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