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According to Your Chequebook, You Have a $3,000 Balance in Your

Question 122

Multiple Choice

According to your chequebook, you have a $3,000 balance in your account. You write cheques totaling $4,500 and make a deposit of $3,500. What is your collection float?


A) -$1,500
B) -$3,500
C) -$3,000
D) -$4,500
E) -$8,000

Correct Answer:

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