The Hobby Shop Has a Checking Account with a Ledger

question 91

Multiple Choice

The Hobby Shop has a checking account with a ledger balance of $692. The firm has $1,063 in uncollected deposits and $846 in outstanding checks. What is the amount of the disbursement float on this account?

• A)$0
• B)$217
• C)$846
• D)$909
• E)$1,063

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Definitions:

Purine

A type of nitrogenous base found in DNA and RNA, including adenine and guanine, which pairs with pyrimidine bases in the genetic code.

Pyrimidine

One of the two types of nitrogenous bases found in nucleic acids, including cytosine, thymine (in DNA), and uracil (in RNA).

DNA Ligase

Enzyme that seals strand breaks or gaps in double-stranded DNA.

DNA Synthesis

The natural or artificial creation of deoxyribonucleic acid molecules, crucial for genetic replication and transmission.