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When Chris balanced her business checkbook,she had an adjusted bank balance of $11,418.She had 2 outstanding deposits worth $879 each and 11 checks outstanding with a total value of $3,648.What is the amount of the collection float on this account?
Economic Interests
Financial stakes or benefits that influence the actions or decisions of individuals or entities.
Conversion
Permanent interference with another’s use and enjoyment of his or her personal property.
Compensatory Damage
Financial compensation awarded to a plaintiff to indemnify them for losses or damages due to another party's negligence or wrongdoing.
Pain and Suffering
A legal term that refers to the physical or emotional distress resulting from an injury, often used to determine compensation in personal injury cases.
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