A Firm Issued Three Checks for $25,000,$15,000,and $13,000 on January

question 33

Multiple Choice

A firm issued three checks for $25,000,$15,000,and $13,000 on January 31,and deposited a $30,000 check into the bank account.None of the checks were cleared by February 1.What is the net float from these transactions?

• A) -$23,000
• B) +$23,000
• C) -$83,000
• D) +$83,000