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You have $133,000 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $51,000. Does this create a disbursement float or a collection float? What is your available balance? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Available balance $ What is your book balance? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Book balance $

Financial Management, Finance

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