When Jane Balanced Her Checkbook, She Had an Adjusted Bank

question 80

Multiple Choice

When Jane balanced her checkbook, she had an adjusted bank balance of $4,640.

She had 3 outstanding deposits worth $1,000 each and 5 checks outstanding with a total value of $2,300. What is the amount of the collection float on Jane's account?

• A) $2,300
• B) $3,000
• C) $3,640
• D) $9,860
• E) $11,500

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